How much of an “advancement” does the SR&ED need to have to be considered a “technological advancement” in SR&ED? The most important concept of the Scientific Research and Experimental Development (SR&ED) program is the goal of “scientific or technological advancement” and this article intends to clarify the CRA’s definition of technological advancement and clarify Read more…
On April 6, 2022, the Canada Revenue Agency (CRA) published a news release stating they have observed a recent increase in Scientific Research and Experimental Development (SR&ED) claims containing false and/or fraudulent information. In the news article, Tax Tip – Important reminder for businesses filing SR&ED claims, they remind taxpayers to make Read more…
On April 7, 2022, the Liberal government Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, released the Federal Budget 2022. SR&ED in the Federal Budget – Prior Budgets The 2020 budget was not released due to the COVID-19 pandemic, and the 2021 budget contained no direct reference Read more…
On October 19, 2021, Acquisition International announced the winners of the 2021 International Businesswoman Awards. This is an honour awarded to businesswomen worldwide who are innovative in their respective fields and also strive to empower women in business, promoting equal opportunities in primarily male-dominated fields. The International Businesswoman Awards are Read more…
Political parties are putting out their position statements about economic policy in relation to the 44th federal election, which is September 20th, 2021. This article summarizes what has been disclosed by the remaining parties: New Democratic Party (NDP), Green, Bloc Quebecois, and People’s Party of Canada (PPC). Be sure to Read more…