The 2009/2010 budgets proposed by many provincial governments have just been announced. Many are keen to help businesses in the recession: corporate tax rates have been reduced across the board and many have slashed small business tax rates even further. In particular, British Columba proposed a small business tax rate of 2.5% and Manitoba is [...]

With the announcement of the 2009 budget, the Ontario government has significantly increased funding for innovative technologies. In particular, the government will set aside funds for the following: $300 million in new capital funds over six years for research infrastructure to be leveraged against the federal Canada Foundation for Innovation $250 million over five years [...]

Telefilm has officially announced that the Canada New Media fund has been renewed for 2009-2010. For more information, please see the official Telefilm press release at http://www.telefilm.gc.ca/data/FlashInfo/FlashInfo_977.asp. The deadline for product assistance is May 4, 2009 and sectoral assistance applications are due June 19, 2009. Application forms for funding will be available at http://www.telefilm.gc.ca/03/311.asp?fond_id=3 and should be up [...]

In working with our clients we frequently encounter confusion regarding the ramifications of utilizing contract labour versus salaried labour to conduct SR&ED work. The decision to structure the relationship between an employer and potential employee or contractor needs to be examined not only for general business implications but also for specific SR&ED implications as it [...]