Research from the latest Grant Thornton International Business Report (IBR) shows that 42% of Canadian businesses surveyed plan to grow through acquisition. These numbers are consistent with historically high figures over the past 5 years in Canada. The survey also… Read more »
NorthBridge Featured in Canadian Tooling & Machining Association Magazine
NorthBridge Consultants was featured in Canadian Tooling and Machining Association’s spring 2012 edition. The article, entitled “Strengthening your SR&ED Claims with Documentation,” emphasized the importance of contemporaneous project documentation and financial documentation requirements in order to adequately support a SR&ED claim. A well-supported,… Read more »
CMC Urges Federal Government to Reconsider Changes to SR&ED Program
In a letter to Finance Minister Jim Flaherty, the Canadian Manufacturing Coalition (CMC) addressed concerns about recent changes to the SR&ED program. 1. Reducing the SR&ED Investment Tax Credit (ITC) rate from 20% to 15% will directly and negatively affect… Read more »
CME-SMART Prosperity Now Program
The CME-SMART Prosperity Now program provides funding to manufacturers in South Ontario who commercialize technologies, enter new markets, invest in renewable energy, improve efficiency, and invest in manufacturing efficiencies. In January, FedDev Ontario announced that it would contribute $18.9 million… Read more »
Potential Turnaround Looms in Canadian Economy
An index of Canadian business confidence has risen higher for the second straight quarter. The Conference Board of Canada’s business confidence index sits at 101.8 for the first quarter of 2012, up 2.5 points over the fourth quarter of 2011. … Read more »