The Scientific Research and Experimental Development (SR&ED) tax incentive program provided $3.6 billion in tax assistance for research and development in 2011. In the past year, the SR&ED program was reviewed by an Expert Panel which presented a series of recommendations… Read more »
2012 Ontario Budget- Reductions to come from Public Sector Wages, Pensions, Suspension of Corporate Tax Cuts
The Ontario government tabled a new budget Tuesday which proposes a deficit elimination plan to reduce spending growth by $17.7 billion over the next 5 years. The proposed budget highlights savings through the freezing of public sector wages and reductions in… Read more »
Is Entrepreneurship Waning in Canada?
The Globe and Mail recently addressed the fact that in recent years, the relative impact of self-employment across Canada has been waning. Self-employment has always been an important feature of the Canadian economy; the OECD lists Canada as one of the… Read more »
The Automotive Innovation Fund
The Automotive Innovation Fund (AIF) was established in 2008 to support research and development projects to build more fuel-efficient vehicles. Managed by Industry Canada, the AIF reviews proposals of more than $75 million over 5 years, including vehicle and powertrain… Read more »
Growing the Margins- Rural Green Energy & Biogas
Growing the Margins (GTM) recently ran the Canadian Farm and Food Biogas Conference (March 5-6) and Exhibition and the Technology Tour (March 7) throughout the London, Ontario region. The conference and exhibition facilitated inter-industry association collaboration and discussion of hybrid solar / bio solutions. … Read more »
SR&ED Program Encourages Li-ion Motors Corporation to Collaborate with Canadian Company
Li-ion Motors Corporation has announced that they will make plans for additional collaboration with Canadian firm Lithium Electric Vehicle Corporation (LEVC) to take advantage of Canada’s Scientific Research and Experimental Development (SR&ED) program. Li-ion’s fully electric vehicles (the Inizio and the Wave), along with… Read more »
Harper Government Strengthening Canada’s Science and Technology Advantage
During a speech today at the Creative Economy Summit, the Minister of State for Science and Technology, Gary Goodyear, announced that Canada will continue to make key investments in science and technology. “Through our government’s science and technology strategy, we… Read more »
Launch of Canadian Manufacturing Network
The Canadian Manufacturing Network has launched with a Manufacturing JOBS Resource Network and a National Skills & Learning Portal. The Canadian Manufacturing Network was made possible through a collaboration between two of Canada’s leading manufacturing organizations: Excellence in Manufacturing Consortium (EMC), and… Read more »
Ontario Insists on Local Content for Renewable Energy
In an interview with Reuters, Energy Minister Chris Bently refused to alter controversial rules that require local content for all projects. The FIT review will be complete by the end of March, and it is expected that cuts will be… Read more »