Mobilizing Canadian Innovation Against COVID-19: A Strategic Overview
In the face of the unprecedented challenges posed by the COVID-19 pandemic, Canada has undertaken a comprehensive and collaborative approach to combat the virus. From substantial government funding to robust research initiatives, the nation is actively engaged in a race against time to drive innovation in the fight against COVID-19. This article explores the multifaceted […]
Navigating the Canada Emergency Wage Subsidy (CEWS) Program: A Comprehensive Guide
In response to the economic challenges posed by the COVID-19 pandemic, the Government of Canada introduced the Canada Emergency Wage Subsidy (CEWS) program. This initiative was specifically designed to assist eligible businesses affected by the pandemic, covering 75% of employee wages for a period of up to 12 weeks between March 15th, 2020, and June […]
Deep Dive into the Eastern Ontario Development Fund
In the heart of Ontario, communities in Eastern Ontario are experiencing rapid growth, bringing forth an urgent need for robust economic development initiatives. Nurturing this growth demands more than just ambition; it necessitates strategic support from the government. Enter the Eastern Ontario Development Fund, a pivotal initiative by the Government of Ontario designed to bolster […]
Empowering Southwestern Ontario – Regional Innovation via SWODF
Southwestern Ontario, a region teeming with vibrant communities, is experiencing robust growth and innovation. To sustain and nurture this growth, businesses, municipalities, and not-for-profit organizations need support and resources, often in the form of funding and expert guidance. Recognizing the need for regional development, the Government of Ontario has established the Southwestern Ontario Development Fund […]
Ontario’s Advanced Manufacturing: Igniting Growth & Innovation
In the heart of Ontario, a transformative opportunity is unfolding for the advanced manufacturing sector. Recognizing the pivotal role of innovation in fostering economic growth, the Ontario government has launched the Regional Development Program with a specialized focus on Advanced Manufacturing and Innovation Competitiveness. This initiative aims not only to bolster the advanced manufacturing industry […]
Sustainable CAP (Canadian Agricultural Partnership) Funded Programs of Interest
The agriculture and agri-food sector provides one in eight jobs and account for more than six percent of Canada’s gross domestic product (GDP). This is extremely valuable to our economy, which is why the Sustainable Canadian Agricultural Partnership (CAP) has been strengthened. This new 5‐year, $3.5 billion investment by federal, provincial, and territorial governments will […]
Empowering Ontario’s Manufacturing with Innovation
In the dynamic landscape of Ontario’s economy, the manufacturing and innovation sectors stand as cornerstones of success and competitiveness. These sectors not only drive economic growth but also contribute significantly to employment opportunities. In fact, manufacturing alone accounts for approximately 18% of Ontario’s GDP and supports over 12% of its workforce. However, the COVID-19 pandemic […]
ThriveForward: Empowering Ontario Start-Ups
In the vibrant landscape of Southern Ontario, the heartbeat of innovation echoes through the bustling streets and entrepreneurial spirit of its residents. Start-up businesses are the lifeblood of our neighborhoods and the driving force behind economic prosperity. However, the path to success often encounters a common hurdle: securing the necessary funds to foster growth and […]
Understanding the Four-Part Test for SRED Program Eligibility
The landscape of scientific research and experimental development (SRED) in Canada has evolved since its inception in 1944. The Canada Revenue Agency, in collaboration with the Canadian Government, has refined the SR&ED credit program to foster innovation across industries. This initiative allows companies to engage in research activities while mitigating their tax liabilities. Let’s delve […]
Myths vs Facts About SRED
Navigating the landscape of research and development (R&D) can be financially daunting for companies striving to enhance their products and innovation, especially if they have not heard of SRED. The intricate process of continual improvement necessitates substantial financial investment. To alleviate this burden, the Canadian Government offers a remarkable Research and Development tax incentive program […]