When Canada’s federal budget was released on March 19, it gave Canadians another look at the Liberal party’s spending strategies. Like previous years, the federal government is staying committed to investment aimed at boosting the economy, especially as it relates to middle-class families. However, Budget 2019 also provided many great insights into the support businesses…
Businesses are buzzing following Finance Minister Jim Flaherty’s announcement of the 2014 Federal Budget on Tuesday. Among the Economic Action Plan 2014 hot topics revealed in the House of Commons, was the government’s continuing dedication to funding Research and Development in Canada. With a proposed 5-year, $1.6 billion of the budget dedicated to propelling Canada’s…
The 2014 budget released by the Federal government promises to follow through upon the $15,000 Canada Job Grant while also setting aside $40 million to support up to 3,000 internships in high demand fields. Small Business Grants for Hiring Full-Time Internships Aims to Help Young People Find Meaningful Work Federal Finance Minister, Jim Flaherty, drew…
Since its’ creation in August 2009 and result of partnerships with more than 5300 businesses and organizations, $1.1 billion has been invested by FedDev Ontario. This has supported additional leveraged investments at a 1:1 match with non-government sources to support businesses, organizations and communities in southern Ontario. It was a great year for our clients to…
Investing in Regional Diversification (IRD) is a new program offered through FedDev’s Ontario 2013 Action Plan. This program is a non-repayable Canadian government grant, which covers 50% of project costs up to a maximum of $20 million. The remaining 50% must be provided as a cash contribution. IRD Government Grants Canada for Not-For-Profits -Program Focus…
As a part of The Federal Government’s Action Plan the Advanced Manufacturing Fund will distribute up to $200 million in funding to small businesses through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). Advanced Manufacturing Fund to Promote Innovation & Boost Competitiveness The Advanced Manufacturing Fund will support Ontario businesses that invest in…
Economic Action Plan 2013 Update: In addition to the several small business grants and business loans programs rolling out over the next five years the Federal government will provide $60 million to aid outstanding Canadian incubator and accelerator organizations in expanding their services to start-ups. A further investment of $100 million will be invested through…
Minister of State for the Federal State for the Federal Economic Development Agency for Southern Ontario (FedDev), was on hand at an event hosted by the Cambridge Chamber of Commerce (CCC) to discuss the Economic Action Plan 2013. Minister Goodyear highlighted the fact that since the worst of the global recession Canada has had the…
In today’s business culture, technological innovation and rapid global expansion are driving businesses to invest more in research and development activities to give their organizations a competitive edge. The Canadian Government has recognized the importance of scientific research and experimental development (SR&ED) and has since released the SR&ED Investment Tax Credit (ITC). Canada Revenue Agency…
Skills Canada supported approximately 500 youth as they competed in over 40 different trade and technology competitions. The Federal Government of Canada has recently announced that Skills Canada will be receiving over $8 million in Canadian government funding throughout 2012-2015 to promote careers in the skilled trades and technology and to provide hands-on experience to…