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.
Food Science Funding – How SR&ED Funding Works for Natural and Organic Ingredient Projects
Want to know how your business can receive tax credits for natural and organic R&D projects in the food and beverage industry? Read on about how SR&ED funding is commonly used in the agribusiness landscape.
Find Canadian Government Funding for Your Top Strategic Projects
Canadian government funding programs are used strategically to fund business activities via government grants, loans, tax incentives, and more
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?
How to Choose the Best Canadian Government Funding for Your Business
Discover how to identify and apply for the government funding programs ideal for your business’ unique growth plans and expenses.
Response to COVID-19: Ontario Employer Health Tax Exemption Increase for 2020
There has been an increase to the Ontario Employer Health Tax exemption for 2020 from $490,000 to $1 million due to COVID-19.
Ontario Job Creation Investment Incentive: $3.8B in Tax Relief for Businesses
Ontario small businesses can access corporate tax relief under the Ontario Job Creation Investment Incentive. Read more about its available offerings.
IRAP and SR&ED: Innovation Requirements for Research Funding
When performing research projects that involve technical risk or uncertainty, Canadian innovators should use government funding programs. These offset project costs and reduce risk, making exploratory innovations more achievable for SMEs. To innovate as efficiently as possible, companies should be aware of how incentives such as the Industrial Research Assistance Program (IRAP) and the Scientific…
Government Funding Terminology for Programs, Applicants, and Projects
Canadian government funding programs often use terminology that is difficult for applicants to understand. These terms may be uncommon, but they are significant and important to comprehend when it comes to developing competitive government funding applications. Applicants should have a basis to understand government funding programs, including the terminology used to talk about types of…
Do You Qualify for the Ontario Interactive Digital Media Tax Credit?
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a government funding program that provides financial support to software and digital application developers within the province. It entitles eligible interactive digital media developers to recover a portion of labour and marketing/distribution expenses attributable to both specified and non-specified products. These Ontario Creates tax credits will…