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Canadian Natural Resources Limited has topped the energy sector for research and development, spending $558 million in 2016 on R&D projects. Overall, the company ranked as the fourth largest [...]

Most of the time when SR&ED tax credit is mentioned, many minds simply think of technological companies or individuals in lab coats but in fact, SR&ED encompasses much more than this. [...]

Farming plays a huge role in the economy as it provides the base ingredients for the manufacture of items like cooking oil, spirits and even fuel. Generous federal and provincial SR&ED tax [...]

Innovative business activities require adequate financing in any industry. This financing can come in a variety of forms, including equity investments, business loans, tax credits or grants. Any [...]

Canada is proud of being a hub for entrepreneurs. The country provides an excellent environment for supporting SR&ED startups as well as established companies. Its geographic proximity to the [...]

Technological uncertainties and technological advancements are the two key criteria for SR&ED claim eligibility for any company. In the event that a firm is faced with a problem, it will try [...]

In Canada, there have generally been four sources of capital for innovative SME’s. These are personal savings from the entrepreneurs, government grants, angel investors and venture capital. In [...]

The idea of providing businesses with incentives to innovate has always been compelling. The Canadian economy wins when businesses invest in research and development as it propels economic growth [...]

The application for the Scientific Research and Experimental Development tax credit has quite a few steps. However, if followed correctly, it becomes a process that every eligible firm should [...]

The Income Tax Act (ICT) provides exclusive advantages to companies that qualify as Canadian-controlled private corporations (CCPC). The Tax Act states that a corporation will be a CCPC if it is [...]