The Canada Revenue Agency (CRA) has officially announced that the Canada Emergency Wage Subsidy (CEWS) and the 10% Temporary Wage Subsidy for Employers will be considered government assistance. Thus, assistance received under either wage subsidy will reduce the amount of… Read more »
Changes to the Canada Emergency Wage Subsidy
Canadian Prime Minister Justin Trudeau announced changes to the Canada Emergency Wage Subsidy (CEWS) yesterday. Trudeau said firms will now have to show their year-on-year revenues had dropped by 15% in March, half the previous level of 30%, to claim… Read more »
Federal COVID Assistance for Businesses
During these unprecedented times, the federal government has announced a variety of incentives to assist Canadian businesses. This bulletin summarizes pertinent federally-announced COVID incentives for businesses. We expect additional announcements will be made to further address support for Canadian businesses… Read more »
USMCA Trade Deal Reached After Year of Intense Negotiations
Details about the newly renegotiated United States-Mexico-Canada Agreement (USMCA) have been released. This proposal, if ratified, will address disputes in the Canadian automotive and agricultural sectors, the cost of generic drugs in Canada, and online eCommerce. It does not currently address… Read more »
NorthSpring Capital Partners Invests over $1.5 million in Five Companies in the Toronto-Waterloo Technology Corridor
NorthSpring Capital Partners announced recent investments in five high growth companies located in the Toronto-Waterloo technology corridor: SSIMWave Inc. Intellijoint Surgical Inc. Sprout Wellness Solutions HTBase Inc. Envoy Energy Inc. and ComTech CNG
New Deadlines Imposed for Ontario Interactive Digital Media Tax Credit Applications
In the recent November 2016 Fall Economic Statement, the Province proposed an application deadline for OIDMTC which passed into law on December 8, 2016. To be eligible for the OIDMTC companies must apply by the day that is 18 months after… Read more »
Breakfast Seminar in Vancouver- Financing Solutions for Technology Companies
Join us for an insightful presentation with Canada’s top financial houses servicing the technology sector. Hosted by MNP, learn about a range of alternate funding options available. Date: Tuesday, January 17, 2017 Time: 7:30 a.m. to 9:00 a.m. Location: MNP… Read more »
Toronto Region Board of Trade – July 11 Workshop for Trade Accelerator Program
“A lower Canadian dollar, limited domestic growth and a strengthening U.S. economy have established the right conditions for Canadian firms to go global.” – Toronto Region Board of Trade On Monday July 11, 2016, the Toronto Region Board of Trade… Read more »
Happy Halloween from NorthBridge Consultants
Happy Halloween from the team at NorthBridge Consultants!