Business innovation in Canada has remained stalled in comparison to other developed and developing nations. The Canadian government has invested nearly $25 billion in federal government grants, loans, and tax incentives between 2006 and 2014 to support innovation in Canada, however this strong funding support is still evolving to be better utilized by industry. Compared…
In the wake of a new report which comments on Canadian firms falling behind with innovation despite receiving funding support, The Canadian government continues to modify and improve upon established research and development funding initiatives to maximize their support of innovation. However there is always a risk with R&D. Even the most promising of projects…
Following the late 2014 launch of the CME SMART Advanced Technologies for Global Growth grant program, the Canadian Manufacturers and Exporters (CME)Â association has unveiled their new additive manufacturing network, Canada Makes. As the largest industry and trade associate in Canada, CME provides support services, resources, and incentives to ensure that Canadian manufacturers stay competitive both…
The Automotive Innovation Fund (AIF) is a government funding for research and development loan program dispersed through Industry Canada, focused on supporting Canadian businesses that help advance Canada’s capabilities in fuel-efficient automotive technologies while reducing greenhouse gases. Automotive Innovation Fund Canadian Government Funding for R&D: Background Information The Automotive Innovation Fund (AIF) began in 2008,…
SD Tech Fund grants support the development and commercialization of innovative green technologies (greentech). Administered by Sustainable Development Technology Canada (SDTC), these Canadian government grants provide businesses with up to 33% of eligible project expenses to a maximum $15 million. Developing green technologies and creating a low-carbon economy is a major component of the federal…
As the summer approaches, many businesses are currently in search of seasonal student labour to help manage their increases in market demand. The Canadian Government has offered several wage subsidies and tax incentives to encourage employers to hire students that would be planning to return to school in the fall. Provincial Wage Subsidy – Ontario…
Please Note: The IRAP DTAPP program is no longer available, however, other Canadian government grants may still be applicable to your project. Please contact a Government Funding Planner to evaluate current funding opportunities. Canada’s Digital Economy Strategy serves to raise awareness of the importance of seeking productivity improvements by adopting technology. By building digital skills,…
Any company would agree that their employees are the key to business success. A great workforce can save a struggling company and carry it to the forefront of the industry. However, human resource activities aren’t cheap. Large corporations can afford to allocate significant budgets to the hiring process, however most Canadian businesses struggle to budget…
Coordinated by Industry Canada’s Community Access Program and funded through the Youth Employment Strategy of Canada, the Community Access Program’s Youth Initiatives aims to employ and provide opportunities for young Canadians between the ages of 15 and 30, mostly students, recent graduates, or the under-employed or unemployed. The purpose of the program is to encourage…