The government grant landscape is changing; how does IT fit in?

Over the last two years, the federal government has introduced many new incentives for research and development, mainly by way of grants or non-repayable contributions. In addition, certain existing government programs have been awarded additional funds and it is proposed that some programs be amalgamated to simplify what was perceived as a plethora of government […]

The government wants CATA’s advice on how to improve SR&ED funding

That didn’t take long. Less than a week after the Canadian Advanced Technology Alliance (CATA) officially released a report breaking down how the federal government – both Liberal and Conservative – reduced innovation funding by $5.3 billion by steadily reducing the value of Canada Revenue Agency (CRA)-issued Scientific Research and Experimental Development (SR&ED) tax credits […]

Impact of COVID-19 on the SR&ED Tax Credit

Several industries have already faced the brunt of the ongoing COVID-19 crisis, with the SRED tax credit industry being no exception. This pandemic has created uncertainty in the financial market and business community. To protect Canadians’ health and businesses against financial harm, you can take several immediate and proactive steps to manage the cash flow […]

Everything you must know about scientific research and experimental growth

Technological advances and accelerated global growth are pushing companies to spend further in research and development efforts in order to gain a strategic advantage in today’s corporate community. The value of scientific research and experimental growth (SR&ED) has been recognized by the Canadian government, which has since launched the SR&ED Venture Tax Credit (ITC). According […]