Canada needs a better R&D strategy to boost Canadian economy
According to the Global Competitiveness Report (2014-2015) of World Economic Forum (WEF), Canada is ranked 15th out of 144 countries in its annual world competitiveness index, which means the country has slipped a bit further [...]
Determine your eligibility: Does your work qualify for SR&ED tax incentives?
Under the SR&ED program, you can get an investment tax credit in the form of a cash refund or reduction of taxes you owe. Alternative, you could get both. However, what is generally understood to [...]
6 Facts You Need to Know About SR&ED
The Scientific Research & Experimental Development (SR&ED) tax credit program is a Canadian federal tax incentive program that encourages Canadian businesses to invest in and conduct research and development (R&D) in Canada. Currently, it awards [...]
A Hot Tip for Canadian Start-ups to survive
The Canadian economy seems to be slowing down as of recently. Starting a new business at this time is even more difficult; cash is tight and purchase orders are scarce. It is even harder to grow [...]