Entries by admin

Fed Dev Ontario Funding for Southern Ontario

  For Companies in Southern Ontario, funding is now available through Fed Dev Ontario for innovative projects that : Increase the number of high-growth firms by supporting the commercialization, adoption/adaptation of new, leading-edge and innovative technologies, products or processes. Strengthen key clusters and build on areas of regional innovation strength. Create and maintain highly skilled jobs. Increase export […]

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Go Global with Regional Economic Growth Innovation (REGI) Programs

On December 3, 2018, The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister announced a new funding program that will be dedicated to carrying out business scale-up and assist high potential Canadian businesses to thrive in the future. As mentioned by Navdeep Bains, the said funding Regional Economic Growth Innovation (REGI) program will […]

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CAP ON – Enterprise Resource Planning and Supply Chain Management Systems

CAP (Canadian Agricultural Partnership) – Ontario Funding: Enterprise Resource Planning and Supply Chain Management Systems Program: CAP is a five-year joint federal-provincial-territorial initiative to support the agriculture, agri-food and agri-based products sectors in Canada in terms of competitiveness, prosperity and sustainability. Businesses in these sectors can access cost-share funding for projects to make new improvements and […]

How can you Maximize SR&ED Refunds using the Traditional Method?

Did you know there are two ways to claim SR&ED Overhead expenditures? Most claimants use the proxy method to calculate SR&ED overhead expenditures since it is the simpler of the two methods. It is determined by multiplying your SR&ED labour expenditures by 55%. This is the default option for claiming overhead by most companies. The second and less common […]

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CAP (Canadian Agricultural Partnership) AB – Value-Added Products to Markets Program

CAP (Canadian Agricultural Partnership) – Alberta Value-Added Products to Markets Program: The purpose of this program is to support the growth of Alberta’s Food Processors and Bio-Industrial Processors. The Program funds projects that support new product development, implementation of state-of-the-art processes, commercialization of products in new markets, and expansion of existing markets. Funding Type: The […]

A Special Case: Claiming Artificial Intelligence /Machine Learning Centric Projects for SR&ED Tax Credits

Claiming AI/ML centric projects are slightly more complex compared to other technologies. This is due to: Lack of proper understanding of the technology involved, given it is fairly new and developing at a fast pace Overgeneralization that AI models are only about training, and therefore require no experimentation This can be addressed through the following […]

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Build in Canada Innovation Program (BCIP)

BCIP is a permanent, competitive first purchase program offered by the Canadian government to allow small businesses in Canada to test and pre-sell technologies to the Government of Canada before commercializing them. Canadian companies can submit a proposal for their technologies that potentially improve the efficiency and effectiveness of the government.   Funding Type: The […]

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Apprenticeship Incentive Grant (AIG)

The Apprenticeship Incentive Grant (AIG) is a taxable cash grant of $1,000 per year or level, up to two levels, for a lifetime maximum amount of $2,000 per person, available to registered apprentices once they have successfully finished their first or second year/level (or equivalent) of an apprenticeship program in one of the designated Red […]

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Canada Job Training Grants

As an employer, you are in the best position to identify the skills your business needs or areas where you are having difficulty finding workers with the right skills. The value of a highly skilled workforce cannot be overstated by Canadian businesses. The Canadian federal government and provincial governments are helping this issue and spurring […]