Posts Tagged ‘Ontario’

2009/2010 Provincial Budget Updates: Increases to SR&ED and other Tax Incentives Across Canada

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 [...]

Ontario Budget Highlights & OIDMTC Enhancements

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 [...]