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, Important reminder for businesses filing SR&ED claims, they remind taxpayers to make sure the information Read more…
Who doesn’t love a good checklist? That feeling of accomplishment when you can cross items off one by one (even if one of the items on that list is “Have a cup of coffee”). What follows is a top 10 list of things you will want to do before filing Read more…
One of the questions that are frequently asked is “who can I call for updates”? In this short article, we will discuss who to call – and who not to call – in order to check on the status of your application. Who should I call? This is a Read more…
What is the new Superclusters initiative and what does it mean for Canadian businesses and SR&ED? The Federal Government recently announced the launch of the Innovation Superclusters Initiative (ISI). The new $950 million, five-year program seeks to encourage the growth of “superclusters” in seven specific industries: Advanced manufacturing Agri-food Read more…