The federal budget released on March 22, 2016 has made several changes that affect Canadian businesses, including announcements related to government funding programs and adjustments to the Small Business Deduction for Canadian-Controlled Private Corporations (CCPCs). Pertinent announcements are summarized below: Reduced Small… Read more »
NorthBridge Consultants’ Canadian Business Blog is dedicated to bringing businesses news and information to help companies identify and access the most appropriate government funding programs.
We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.
Ontario Budget 2016 Reduces Research and Development Tax Credits
The recently released Ontario 2016 Budget has made significant reductions to the Ontario Innovation Tax Credit (OITC), and the Ontario Research and Development Tax Credit (ORDTC). These changes will affect eligible projects costs incurred in taxation years ending on or… Read more »
Top 5 Innovations in February
Innovation is instrumental in the advancement of our society as well as the growth of a company and the economy as a whole. Whether it is incremental developments or life-saving inventions, the development of new and improved solutions to enhance our lives… Read more »
Gravitational Wave Astronomy and the New Space Economy: R&D in Spacetime
On February 11th 2016, the Advanced Laser Interferometer Gravitational-wave Observatory (LIGO) team announced that on September 14, 2015 at 5:51 a.m. Eastern Daylight Time (09:51 UTC) they detected gravitational waves from two black holes merging approximately 1.3 billion light years… Read more »
FABTECH Canada 2016: Canada’s Leading Exclusive Fabricating, Welding, Metal Forming and Finishing Event
As FABTECH Canada returns in 2016, on March 22-24th, don’t miss an opportunity to discover new solutions to all of your metal forming, fabricating, welding, and finishing needs, as well as to learn about the latest industry developments and network… Read more »
Growing Forward 2- New Application Intake for Ontario Agri-Processors
Growing Forward 2 (GF2) is a federal-provincial initiative that encourages strategic initiative investments by Canadian Agriculture and Agri-food industry by supporting innovation, competitiveness and market development. It provides cost-share funding for education, training, audits, assessments, planning, and capital purchases by… Read more »
Upcoming PDAC Convention March 6-9 in Toronto
Established in 1932, and best known for its annual convention, the Prospectors & Developers Association of Canada (PDAC) represents the interests of the Canadian mineral exploration and development industry, with over 8,000 individual and corporate members. The PDAC International Convention,… Read more »
Update to SR&ED Program Service Standards
The Canada Revenue Agency (CRA) has recently released an update of service standards for processing SR&ED claims. Based on average processing times and success rates in 2015, the following are CRA’s service standards for processing SR&ED claims as of December… Read more »
Funding Webinar- Optimizing Returns from Multiple Government Funding Sources
Domestic and international competition is forcing Canadian businesses to develop new or improved products, increase productivity and expand sales in global markets. Financing for innovation or growth has always been a challenge for many companies in Canada. Both the federal… Read more »