Top Ontario Grants, Loans, and Tax Credits in 2023
This article discusses the top grants, loans, and tax credits from Ontario Government Funding in 2023.
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.
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.
Saskatchewan is Providing Tax Benefits for Value-Added Agriculture
The Saskatchewan Value-added Agriculture Incentive (SVAI) supports value-added facilities in the province with tax rebates.
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.
Canada’s Initial Economic Response to COVID-19
The Canadian government released a $27 Billion economic support response plan against COVID-19. Mentor Works breaks down what this means for your business.
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.
Gain a Manufacturing Edge w/ Grants and Tax Incentives: June 22 in Gormley, Ontario
The Canadian manufacturing industry has reasons to be cautious, yet optimistic in the short-term future. In February 2016, the industry’s contribution to Canada’s gross domestic product (GDP) rose by 1.5%, yet as a whole, industry sales dropped by 1.6%. As the Canadian business landscape changes, manufacturing executives must understand how to respond to new opportunities…
What Canadian Businesses Need to Know About Carbon Taxes & Cap and Trade Policies
Provinces and territories are working with the Canadian government to develop a low-carbon economy. The federal government’s current strategy is to let provinces develop a plan for how they will achieve individualized carbon-reduction goals. This regional approach, as opposed to a ‘one size fits all’ model helps provinces develop a tailored plan that respects industries…