Canada Emergency Rent Subsidy (CERS)
The Canada Emergency Rent Subsidy (CERS) was recently announced to replace the Canada Emergency Commercial Rent Assistance (CECRA) program in providing direct financial assistance for eligible fixed property expenses to businesses that are economically impacted by the COVID-19 pandemic. Available retroactive to September 27, 2020, until June 2021, the new rent subsidy will provide benefits […]
IRAP IAP Funding Extended
On November 6, 2020, the Government of Canada announced over $155M to extend NRC IRAP Innovation Assistance Program (IAP) funding for existing recipients who qualified and received IAP funding from April 1 to June 23, 2020. In April 2020, Prime Minister Justin Trudeau announced an additional $250M in funding through the NRC-IRAP IAP to support innovative, early-stage companies […]
2020 Technology Trends shift Due to COVID-19 – Part 5: Emerging Tech
Due to the unprecedented global pandemic which significantly affected all industries, companies needed to develop innovative solutions in order to adapt and survive. In this five-part series, we examine how the top technology trends forecasted for 2020 have shifted in the fight against COVID-19 to help the world adapt to the new normal. Previously, we […]
2020 Technology Trends Shift Due to COVID-19 – Part 4: Mobile Tech
Due to the unprecedented global pandemic which significantly affected all industries, companies needed to develop innovative solutions in order to adapt and survive. In this five-part series, we examine how the top technology trends forecasted for 2020 have shifted in the fight against COVID-19 to help the world adapt to the new normal. In the […]
Canada Emergency Wage Subsidy (CEWS) Extended to Summer 2021
In the speech from the throne delivered on September 23, 2020, the federal government announced the extension of the Canada Emergency Wage Subsidy (CEWS) into the summer of 2021. The throne speech was delivered by Gov. Gen. Julie Payette, on behalf of Prime Minister Justin Trudeau, and is intended to lay out the federal government’s […]
Extended SR&ED Reporting Deadlines
The CRA has received a ministerial order under the Time Limits and Other Periods Act (COVID-19) to allow for the extension of Scientific Research and Experimental Development (SR&ED) claim deadlines for no more than six months starting from March 13, 2020, and not past December 31, 2020. The extension provides more time for claimants who […]
2020 Technology Trends Shift Due to COVID-19 – Part 3: 5G & Edge Computing
Due to the unprecedented global pandemic which significantly affected all industries, companies needed to develop innovative solutions in order to adapt and survive. In this five-part series, we examine how the forecasted for 2020 have shifted in the fight against COVID-19 to help the world adapt to the new normal. Previously, we described big data […]
2020 Technology Trends Shift Due to COVID-19: Part 2 – Data Analytics & Security
Due to the unprecedented global pandemic which significantly affected all industries, companies needed to develop innovative solutions in order to adapt and survive. In this five-part series, we examine how the top technology trends forecasted for 2020 have shifted in the fight against COVID-19 to help the world adapt to the new normal. Previously, we […]
2020 Technology Trends Shift Due to COVID-19: Part 1 Connectivity
Continuous developments in technology fuel significant improvements in our quality of life and spur economic growth. The tech sector plays a major and vital economic role, particularly in Canada, where the ICT sector contributed to 4.5% of the total GDP in 2018 with 652,450 ICT sector employees across the country. Companies leverage technology to increase […]
Potential extension of IRAP IAP as concerns grow over lull in private financing for start-ups
Government investment in early-stage companies is of particular importance at a time when there is a growing concern that many Canadian startups that rely on angel investors may be losing access to funding due to global uncertainty and border restrictions. In a recent article by The Record, reporter James Jackson noted that “Angel groups across […]