SWODF Funds Business Expansion in South-Western Ontario
Companies in Southwestern Ontario that are looking to expand should consider the Southwestern Ontario Development Fund (SWODF). If you are planning to invest in new operations, improve competitiveness, improve productivity or pursue new markets, and will be creating jobs in south-western Ontario, you may be eligible for government funding. SWODF will cover up to 15% […]
Canadian Video Game Industry Continues to Thrive
It may come as no surprise that Canada now ranks 3rd worldwide in the video game industry according to the Entertainment Software Association of Canada. With game studios like Ubisoft producing blockbuster titles such as Assassin’s Creed 3, and a booming mobile gaming app industry in Toronto, Canada is well on its way to rise […]
Ontario Interactive Digital Media Tax Credit (OIDMTC) FAQ
The OIDMTC is one of the biggest tax credit incentives in Canada – here are some frequently asked questions about the program. What is Interactive Digital Media? For the purposes of the OIDMTC, an Interactive Digital Media product has the primary purpose to educate, inform, or entertain, and achieves its primary purpose by presenting information […]
What is the CME Smart Program and how can it help you?
Continuous improvement in manufacturing is vital to help our businesses continue to grow and stay competitive in the global market. Have you thought about implementing changes to make your manufacturing process more lean? Are you working towards improving the quality of the product you manufacture? What about reducing a negative impact you may have on […]
AMIS – Ontario’s Advanced Manufacturing Investment Strategy
Lines of credit have almost completely dried up in this recession, and it’s harder than ever for businesses to fund their new development projects. Ontario’s Advanced Manufacturing Investment Strategy (AMIS) is a great venue for Ontario manufacturers to pursue. What’s more, AMIS is available to companies from all manufacturing sectors in Ontario. The $500 million […]
Ontario Provincial 2009 Budget
The proposed 2009 Ontario provincial budget, released March 26th, 2009, puts forward new tax measures intended to build on the government’s “5 point” economic plan. Understandably there is much controversy about the spending plans, and many Ontarians are expressing concern over the Sales Tax Harmonization, and how it will affect the individual. On a positive […]
SR&ED – Essential To Canadian Manufacturers
The current economic recession has proven to hit even harder than many economists anticipated. An estimated 129,000 Canadians lost their jobs in January alone, of which Statistics Canada reports that Ontario workers lost a staggering 71,000. Alberta, once a thriving, profitable province, is even feeling the blow, having recently announced another 15,000 jobs lost. Forecasters […]