Monthly Archives: July 2012

Chamber of Commerce Resolution- Restoring Balance in Sector Applicability of SR&ED

Recently, the Thunder Bay Chamber of Commerce and the Kamloops Chamber of Commerce have jointly released a proposed resolution that criticizes the federal government for changes that disadvantage capital-intensive companies, like those in manufacturing, pharma, and biotech.  The manufacturing sector … Continue reading

Posted in Changes to SR&ED | Tagged , , | Leave a comment

Chamber of Commerce Resolution- Improving the Accuracy and Timeliness of the SR&ED Program

A recent resolution proposed by the Windsor-Essex Regional Chamber of Commerce, and the Mississauga Board of Trade made recommendations that the federal government: Establish a “SR&ED Claim Certification Program” that CCPC’s can voluntarily apply to. Set up a specific department … Continue reading

Posted in Changes to SR&ED | Tagged , | Leave a comment

The Covert War on SR&ED

According to Ian Bell, in recent months, a growing number of startups have reported abnormally aggressive audits by SR&ED reviewers that have resulted in substantial reductions in SR&ED claims. There seems to be an overall strategy to reduce the claims … Continue reading

Posted in Changes to SR&ED | Tagged , | Leave a comment

New Video about SR&ED

NorthBridge Consultants has recently released an informative video about the Scientific Research and Experimental Development (SR&ED) program.

Posted in SR&ED News | Leave a comment

Changes to SR&ED May Have Negative Impact on R&D Investment in Aerospace

The Aerospace Industries Association of Canada (AIAC) released performance results for Canada’s aerospace industry in 2011.  Canadian aerospace industry revenue reached $22.4 billion in 2011, which was a 6.7% increase from 2010.  Expenditures on aerospace R&D increased to $2 billion … Continue reading

Posted in Changes to SR&ED | Tagged , , , | Leave a comment