Search Results for: Canada Revenue Agency

R&D Project Hiring Grants for Interns and PhD Fellows

R&D Project Hiring Grants for Interns and PhD Fellows

Funded by the Government of Ontario, the R&D Project Hiring Grants program provides a unique opportunity for businesses to hire an academic researcher for a 4-12 month period. This will enable businesses to break through innovation challenges and complete projects otherwise impossible or too costly. Ontario businesses can receive up to 50% of wages to a…

Qualify for CanExport Export Marketing and Tradeshow Funding

Qualify for CanExport Export Marketing and Tradeshow Funding

Canadian businesses looking to scale their operations and grow into new export markets can access CanExport funding for marketing and sales projects. Available for startups to medium-sized businesses, CanExport supports projects such as modifications to product packaging, conducting market research, and participating in international trade shows. Businesses can receive cost-sharing support from CanExport for up…

Growing Forward 2 (GF2) Grants Ontario for Agricultural Processors

Growing Forward 2 (GF2) Grants Ontario for Agricultural Processors

Funded by the Ontario Ministry of Agriculture, Food, and Rural Affairs (OMAFRA), the Growing Forward 2 (GF2) Ontario government funding program was created to support food processors, producers, and organizations/collaborations across the province. These Ontario government grants seek to encourage innovation, tackle key industry issues, increase market access, and grow the profits of Ontario food…

CRA Promises Concise, Simple Language in Notices to Canadian Businesses

CRA Promises Concise, Simple Language in Notices to Canadian Businesses

Since 2012, the Canada Revenue Agency (CRA) has been working closely with several stakeholder associations in an effort to improve service to Canadians and cut red tape for small business owners across the nation. Stakeholders involved in the process include the Canadian Federation of Independent Business (CFIB), the Canadian Chamber of Commerce, the Chartered Professional…

Maximize Funding for Digital Media with Grants, Loans & Tax Credits

Maximize Funding for Digital Media with Grants, Loans & Tax Credits

There are several options for companies engaged in developing interactive digital media products in Canada, including: Ontario government grants, Canadian small business loans, and both national & provincial tax credits. It is important to understand the difference between these funding instruments in order to maximize a digital media firm’s funding potential while improving project scope,…

CRA Offers New SR&ED Tools & Services to Support Business Innovation

CRA Offers New SR&ED Tools & Services to Support Business Innovation

Earlier this month the Canada Revenue Agency (CRA) launched two tools for innovative businesses that are interested in learning about SR&ED tax credits. The tools are called the “Self-Assessment Learning Tool (SALT)” and the “First Time Claimant Advisory Service” (FTCAS), as a part of its Red Tape Reduction Commission Consultations (RTRC). Businesses can Utilize SALT…

Summer Jobs Services Wage Subsidy for Hiring Students for Summer Internships

Summer Jobs Services Wage Subsidy for Hiring Students for Summer Internships

This program is now closed and no longer accepting applications. Please feel free to browse other Hiring and Training funding programs. Summer Jobs Services (SJS) is funded by the Province of Ontario, the Ministry of Training, Colleges and Universities.  Not to be confused with the Canada Summer Jobs (CSJ) program, Summer Jobs Services offers eligible employers a…

The Ontario Interactive Digital Media Tax Credit (OIDMTC)

The Ontario Interactive Digital Media Tax Credit (OIDMTC)

The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit administered by the Ontario Media Development Corporation (OMDC) and The Canada Revenue Agency (CRA). The tax credit is based on eligible Ontario labour, marketing, and distribution expenses and can be claimed by a qualifying interactive digital media company. OMDC also offers a…

Funding for Small Business: The Apprenticeship Training Tax Credit (ATTC)

Funding for Small Business: The Apprenticeship Training Tax Credit (ATTC)

This Canadian government funding for small business tax credit is a refundable tax credit available to employers who hire and train apprentices in certain skilled trades.  The business tax credit is administered by the Canada Revenue Agency (CRA) through the federal tax system on behalf of the province of Ontario.   Amount of Tax Credit…

Funding for Small Business Update: Hiring Credit for Small Business Extended

Funding for Small Business Update: Hiring Credit for Small Business Extended

The Canada Revenue Agency (CRA) announced last week that it has extended this incentive program for SME employers.   In addition to several small business grants programs, the Government of Canada has also decided to extend the Hiring Credit for Small Business (HCSB) for 2012. The 2011 federal budget created the HCSB to create jobs, grow the economy…