This is the time of year when many companies start planning for 2022. As there are a multitude of tax credits and grants available to companies, many should consider these programs as part of their planning.One way to do this is for RDP to review their plan for 2022...
Both the Federal and Provincial government offer assistance in the form of repayable contributions. FedDev is an example where in essence, the assistance is like a loan in that the funds you receive are repayable. However, typically the funds received do not...
Artificial intelligence, including machine learning and deep learning has grown in Canada to be a very important area of research and development in many industries such as; health sciences, security, robotics, autonomous systems, speech recognition, computer...
The Scientific Research & Experimental Development (SR&ED) Tax Credit is a federal tax incentive administered by the Canada Revenue Agency (CRA) since 1986. Its purpose is to encourage Canadian businesses of all sizes and in all sectors to conduct research and...
SR&ED and IRAP are among the most popular and sought-after government funding programs in the Canadian innovation ecosystem. Both programs are federal and related to R&D activities with significant impact on the completion of new product development and...
Federal Government statistics released for the last four years confirm that the number of companies filing SRED claims has steadily decreased by over 15% from roughly 22,370 in 2014 down to 18,850 claims in 2018! Some people have attributed this to a decrease in...
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