Canadian 2024 Federal Economic Statement: Business Grants, Tax Credits, and Loan Changes
The Canadian 2024 Federal Economic Statement introduces new and changes to existing grants, tax credits, and loans for businesses operating within Canada.
IRAP or SR&ED: Which R&D Funding is Right for Your Business?
The two most common Canadian government research funding initiatives are IRAP and SR&ED, but how do they differ, and which can best support your business?
Can Medical Professional Corporations (MPCs) Claim SR&ED Tax Credits?
Uncover legal insights and regulatory considerations when applying for SR&ED Tax Credits as a Medical Professional Corporation (MPCs).
Discrediting SR&ED Misconceptions
Many Canadian businesses do not take advantage of the SR&ED tax credit program because they believe their project and/or costs are not eligible, but this belief is often guided by common misconceptions.
FAQs for International SR&ED Claims
Can your business receive SR&ED tax credits as a non-Canadian business? How about if you’re doing R&D work outside of Canada? The answers to these questions may surprise you.
Insights on Ottawa’s Upcoming SR&ED Review
In the Federal Budget 2022, Ottawa announced its plans to review its Scientific Research and Experimental Development (SR&ED) program, with a primary goal of improving Canada’s ranking on research and development.
Will the SR&ED Credit Impact My Taxes?
Many Canadian organizations often ask, “How will SR&ED impact my business’s taxes?” This article outlines what to expect.
Is Your Alberta Business Eligible for the Innovation Employment Grant (IEG) and SR&ED Tax Credits?
Find out how your Alberta business can stack tax credits from the federal SR&ED funding program and the Innovation Employment Grant (IEG).
How to Stack Government Funding Programs to Optimize Projects
Stacking government funding refers to the approach of utilizing multiple federal and provincial programs to offset a greater portion of eligible project expenses.
Canada’s Federal Budget 2022: Investing in Sustainability, Housing, and the Economy
Canada has released the 2022 federal budget. This blog highlights the key aspects that may impact your business.