First-Time Claimant Advisory Service

Select first-time SR&ED claimants will receive a free in-person First-Time Claimant Advisory Service (FTCAS) that provides an opportunity to meet with local CRA SR&ED staff at the claimant’s place of business.  During these visits, CRA staff will provide claimants with advice on how to:

  • Identify potential eligible work in the context of their business;
  • Identify allowable expenditures;
  • Gather documentation and other evidence to support a claim; and
  • Complete and file SR&ED claims.

SR&ED claimants selected to receive the FTCAS will be notified by letter from their local CRA office.  A CRA official will then arrange a convenient time for the visit, which will take no more than half a day.

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EMC Strategic Interest Group Event on SR&ED and Government Funding

Excellence in Manufacturing Consortium, Canada’s largest manufacturing consortium, is hosting a Strategic Interest Group event on January the 23rd, 2014 (9am) at Russell Industries Corporation. Jeff Mitobe, from NorthBridge Consultants, will be providing general details about the SR&ED program as well as recent Canada Revenue Agency changes that have come into effect as of January 2014. NorthBridge will also be providing a general review of government funding programs that are applicable to manufacturing companies.

Date January 23, 2014

Time: 9am


Russell Industries Corporation

20 Grote Street

St. Catherines, ON

L2N 2E7

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Upcoming SR&ED Webinars Offered by CRA

Canada Revenue Agency (CRA) will be offering free online webinars to assist the public to gain a better understanding of the basic filing requirements of the SR&ED Tax Incentive Program.

Upcoming SR&ED public general information seminars:

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Workshop on SR&ED for Agri Businesses

Ryan LLC and Export Development Canada (EDC) will be hosting a workshop for agri-food businesses in Canada on Janaury 27, 2014.

Date: Monday, January 27, 2014
Time: 1:30pm to 3:00pm
Location: Ryan LLC, 6775 Financial Drive, Suite 102, Mississauga, Ontario L5N 0A4

Companies who should attend this workshop include those that are:

  • Operating in the agricultural or agri-food sector
  • Not a retailer/distributor
  • Not a start-up
  • Manufacturing or conducting R&D in Canada

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Outlook Survey Shows Manufacturers Poised for Growth in 2014

The results of this year’s PLANT Manufacturers’ Outlook Survey, based on 450 replies from senior manufacturing executives, suggests that manufacturers expect growth to be higher in 2014.  Analysts have been predicting modest growth of 2.3% over the next five years.

The highlights of the survey include:

  • Companies are getting most of their revenue from Canada (62%) and the US (27%) but business is going up by small steps in other areas such as Western Europe (2.6%) and China (almost 2%).
  • Access to financing continues to be the biggest growth constraint, according to 49% of the executives, while 71% intend to finance using internally generated cash flow.
  • More companies anticipate hiring over the next three years (58% compared to 54% in 2013), adding new lines of business (43% from 39%), and 33% intend to expand their plants.
  • The largest priority for the next three years is investment in machinery and equipment (76%).
  • On the innovation front, 32% of companies intend to spend 1% to 3% on R&D, but 27% are not sure what they will spend, and 47% plan to take advantage of the SR&ED tax credit.

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