Author Archives: admin

General Motors Canada to Invest $850 million in Research and Development

GM Canada plans to invest $850 in R&D (through 2016) as part of its obligations under the 2009 bailout.  “The money represents exciting future implications with ripple effects that will be felt far and wide,” said Prime Minister Steven Harper. … Continue reading

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Federal Government Opens Consultations on Contingency Fees for SR&ED Program

Jim Flaherty, the Minister of Finance, and Gail Shea, the Minister of National Revenue, today opened consultations regarding the issue of contingency fees on the SR&ED program. The consultations seek input from stakeholders to better understand: • Why firms hire … Continue reading

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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

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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

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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

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