Ontario Budget 2016 Reduces Research and Development Tax Credits
The recently released Ontario 2016 Budget has made significant reductions to the Ontario Innovation Tax Credit (OITC), and the Ontario Research and Development Tax Credit (ORDTC). These changes will affect eligible projects costs incurred in taxation years ending on or after June 1, 2016. OITC The OITC rate was reduced from 10% to 8%, with […]
Top 5 Innovations in February
Innovation is instrumental in the advancement of our society as well as the growth of a company and the economy as a whole. Whether it is incremental developments or life-saving inventions, the development of new and improved solutions to enhance our lives and our understanding of the world involves dedication, vision and perseverance. As we continue to […]
Gravitational Wave Astronomy and the New Space Economy: R&D in Spacetime
On February 11th 2016, the Advanced Laser Interferometer Gravitational-wave Observatory (LIGO) team announced that on September 14, 2015 at 5:51 a.m. Eastern Daylight Time (09:51 UTC) they detected gravitational waves from two black holes merging approximately 1.3 billion light years from Earth by both twin Laser Interferometer Gravitational-wave Observatory (LIGO) detectors, and named the event […]
FABTECH Canada 2016: Canada’s Leading Exclusive Fabricating, Welding, Metal Forming and Finishing Event
As FABTECH Canada returns in 2016, on March 22-24th, don’t miss an opportunity to discover new solutions to all of your metal forming, fabricating, welding, and finishing needs, as well as to learn about the latest industry developments and network with some of the best minds in the manufacturing industry. FABTECH Canada is a premier […]
Growing Forward 2- New Application Intake for Ontario Agri-Processors
Growing Forward 2 (GF2) is a federal-provincial initiative that encourages strategic initiative investments by Canadian Agriculture and Agri-food industry by supporting innovation, competitiveness and market development. It provides cost-share funding for education, training, audits, assessments, planning, and capital purchases by contributing up to 50% of the project’s eligible costs, to a maximum of $350,000 over […]
Upcoming PDAC Convention March 6-9 in Toronto
Established in 1932, and best known for its annual convention, the Prospectors & Developers Association of Canada (PDAC) represents the interests of the Canadian mineral exploration and development industry, with over 8,000 individual and corporate members. The PDAC International Convention, Trade Show & Investors Exchange is the world’s leading convention in the mineral exploration and […]
Update to SR&ED Program Service Standards
The Canada Revenue Agency (CRA) has recently released an update of service standards for processing SR&ED claims. Based on average processing times and success rates in 2015, the following are CRA’s service standards for processing SR&ED claims as of December 31, 2015 (following the receipt of a complete claim): Refundable claims – 120 calendar days […]
Funding Webinar- Optimizing Returns from Multiple Government Funding Sources
Domestic and international competition is forcing Canadian businesses to develop new or improved products, increase productivity and expand sales in global markets. Financing for innovation or growth has always been a challenge for many companies in Canada. Both the federal and provincial governments provide their financial support through over $20 billion in various funding programs […]
Delta, BC Government Funding Seminar a Success
NorthBridge would like to thank the attendees, the Delta Chamber of Commerce and the National Research Council (NRC) Concierge Service for helping make yesterday’s breakfast seminar a success! Jaap Siekman, our Regional Manager of Western Canada, together with Erik Kaas, Innovation Advisor for the NRC Concierge Service, delivered an informative presentation on the multitude of […]
Top 5 Innovations in January
January 12, 2016 – Planetary Resources and 3D Systems print first ever 3D object from asteroid materials. The U.S. Commercial Space Launch Competitiveness Act, passed in November 2015, give companies the right to mine asteroids and to run a private space startup company. January 13, 1976 – Raymond Kurzweil revealed his invention to the public- […]