Federal COVID Assistance for Businesses
During these unprecedented times, the federal government has announced a variety of incentives to assist Canadian businesses. This bulletin summarizes pertinent federally-announced COVID incentives for businesses. We expect additional announcements will be made to further address support for Canadian businesses in the coming days. 75% Canada Emergency Wage Subsidy (CEWS)- The CEWS will provide a […]
Upcoming Seminar in Delta, BC – Innovation Funding Programs for Growth-Oriented Companies
Please join us on January 27, 2016 at the Delta Town & Country Inn for a breakfast seminar on Government Funding for innovation presented by Northbridge Consultants and NRC-IRAP. This seminar will provide a unique opportunity for growth-oriented companies to network and learn from the experts about various tax credits, grants and loans for research, innovation and experimentation . Time: Wednesday, […]
R&D Across Canada: 10 Quick Facts
1. The Scientific Research and Experimental Development (SR&ED) tax incentive program dates back to as early as 1944, when companies could deduct 100% of eligible expenditures and a third of capital expenditures incurred for scientific research from their taxable income. 2. The Canadian government provides over $20 billion in the form of direct and indirect […]
Newfoundland and Labrador Interactive Digital Media Tax Credit
Originally announced as part of the 2015 Provincial Budget released in April, the government of Newfoundland and Labrador has recently finalized and implemented a new interactive digital media tax credit to support businesses in the competitive digital media industry. The Newfoundland and Labrador Interactive Digital Media (IDM) Tax Credit will offer a 40% refundable rate […]
Funding Webinar: Optimizing Returns from Multiple Government Funding Sources
We invite you to join us for our upcoming information session! 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 […]
Learn From The Experts: Government Funding Seminar in Abbotsford, BC
Don’t miss an opportunity to learn from the experts about how different government funding programs can help you realize and accelerate your corporate goals. Register today to attend a free breakfast seminar on government funding and learn about funding opportunities to support growth, investment in innovation, and workforce development. Time: Wednesday, September 30, 2015 7:30 am […]
2015 Waterloo Innovation Summit: What Drives Leading Innovative Ecosystems?
The 2015 Waterloo Innovation Summit begins today as a three day event that features a guided tour of the Waterloo Region ecosystem as well as a distinguished lineup of keynote speakers, firesides chats, and panel sessions at the main summit locations. Home to Canada’s most innovative University and over 500 tech companies, Waterloo Region boasts […]
Upcoming Breakfast Seminar on Government Grants in Abbotsford, BC
Join us at the Abbotsford Chamber of Commerce on Wednesday, September 30th for a free breakfast and Seminar on Government Funding presented by our Regional Manager for Western Canada, Jaap Siekman, as well as the Innovation Advisor for the National Research Council of Canada Concierge Service, Erik Kaas. Time: Wednesday, September 30, 2015 7.30 am- […]
Summary of Provincial and Territorial R&D Tax Credits
The Canada Revenue Agency has recently released the most current summary of provincial and territorial R&D tax credits. Recent program developments by region include: Manitoba As of January 1, 2014, the definition of ‘eligible expenditures’ has been amended in line with the federal reduction in the prescribed proxy amount to 55%, and the reduction to […]
Linking Government Grants to SR&ED: Business Expansion
In order to sustain a thriving economy, the government of Canada continually invests in business growth and expansion through various direct and indirect sources of funding. Over the past five years approximately 35% of Canadian gross domestic expenditure on R&D was financed by both direct and indirect government funding initiatives. Although the majority of financing […]