On March 19, 2019, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2019. It proposed repealing the use of taxable income as a factor in determining a CCPC’s annual expenditure limit for the purpose of the enhanced SR&ED tax credit. As a result, small CCPCs with taxable Read more…
On February 27, 2018, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2018. On February 27, 2018, the Liberal federal government Finance Minister, Bill Morneau, released the 2018 Budget.1 Prior to its publication, speculation across the media suggested that the budget would focus on gender equality, indigenous infrastructure, science Read more…
On March 22, 2017, federal Finance Minister Bill Morneau introduced the Liberal Party’s much-anticipated 2017 federal budget, titled “Building a Strong Middle Class”. This is the Liberal Party’s second budget since their election to office in October 2015. In it, the government announced that their focus was partially on the “new, Read more…
On March 22, 2016, federal Finance Minister Bill Morneau introduced the Liberal Party’s much-anticipated 2016 federal budget, titled “Growing the Middle Class”. This is the Liberal Party’s first budget since their election to office in October 2015. Given the Liberal Party’s campaign promise to “kick-start investment in innovation”1, we’re offering up our first Read more…
Canada has a history of innovation which includes the development of insulin, sonar detection, and the electron microscope. Supporting research and development (R&D) means supporting an industry which improves our national knowledge base on topics ranging from space travel to carbon sequestration, stimulates growth in other industries including manufacturing, and Read more…