Gain a Manufacturing Edge w/ Grants and Tax Incentives: June 22 in Gormley, Ontario

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

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…

Grant Thornton & Mentor Works Manufacturing Funding Event: May 18 in Hamilton, Ontario

Grant Thornton & Mentor Works Manufacturing Funding Event: May 18 in Hamilton, Ontario

There are a vast selection of government grants, loans, and tax incentives that manufacturers can use to reduce project expenses. Whether Ontario manufacturers invest in hiring and training projects, research and development, business/market expansion, or are improving their productivity through technology adoption, Ontario government grants are available to reduce the cost (and risk) of project…

Shifting Trends in Canadian Government Funding

Shifting Trends in Canadian Government Funding

The Globe and Mail recently reported on a shifting trend in Canadian government funding: changing rules to the popular Scientific Research and Experimental Development (SR&ED) tax incentive program have resulted in declining claims. According to the Globe and Mail, SR&ED payouts have reduced by over $1 billion since 2008. At the same time we’re seeing…

How to receive $3K in Tax Credits for Hiring a Co-op Student

How to receive $3K in Tax Credits for Hiring a Co-op Student

Co-operative education options at Canadian colleges and universities are on the rise; this is good news for both students and employers. Many Canadian post-secondary institutions have a wide range of co-op programs that support a variety of industries. In fact, the University of Waterloo offers the world’s largest co-op program, growing over 58% in the…