A Tax Court of Canada ruling that reduced a Montreal aerospace company’s federal Scientific Research and Experimental Development tax credits impacts the entire tech sector and further complicates a government incentive program already rife with problems and in need of reform, say innovation advocates.
Organization: Canada Revenue Agency
Opinion Leader: Greater investment, policy reforms needed to support youth-led solutions to climate crisis
Canada needs increased public and private sector investment and policy reforms to support youth-led solutions to the climate crisis, which will save Canadians hundreds of millions of dollars in climate-related costs, Kat Cadungog, executive director of the Foundation for Environmental Stewardship, says in an op-ed.
How are Canada’s political parties promising to support research and innovation?
Research Money is tracking the parties’ pledges on research and innovation for the upcoming federal election. The Green Party was the latest party to release its platform, which includes promises to increase funding for the granting councils, create a $1-billion Green Venture Capital Fund and establish a new innovation agency.
The Short Report – Aug. 18, 2021: Conservatives release innovation plan, pre-election funding awards, a new phase of an aging study, and more
The Conservative Party of Canada releases its innovation plan, more than 330 university research projects receive $77 million through the Canada Foundation for Innovation, the federal government pours $61.5 million into the next phase of the Canadian Longitudinal Study on Aging, and more.
The Short Report, September 9, 2020: Global Affairs wants Canadian tech companies to join its Fall VC Dealbook, Xanadu launches quantum in the cloud, and more
Global Affairs Canada is accepting submissions from Canadian software companies for its Fall 2020 Venture Capital Dealbook; The Canada Revenue Agency has extended reporting deadlines for SR&ED; the Toronto-Waterloo Innovation Corridor partners with Silicon Valley; and more.
The Short Report – May 27, 2020: DMZ and Ryerson Futures merge; Canadian psychedelic research gets boost; CFI launches $25-million competition; progress on a homegrown COVID-19 vaccine; and more
The Natural Sciences and Engineering Research Council has awarded $76 million for 128 new applied research projects at colleges, cégeps and polytechnics. Funded through the tri-agency College and Community Innovation Program and the College-Industry Innovation Fund from the Canada Foundation for Innovation, the investments will connect colleges with local companies, particularly small- and medium-sized enterprises, to collaborate on projects that further…
The Short Report, May 6, 2020: AbCellera receives $175.6M for COVID-19 therapies; Canada contributes $850 million to global pandemic response; new “super angel” fund launches; and more
Vancouver-based AbCellera Biologics will receive up to $175.6 million from the federal Strategic Innovation Fund to fast-track antibody therapies against COVID-19. The funding will also go to build a first-of-its-kind antibody manufacturing facility over the next four years to help Canada respond to future pandemics. AbCellera has partnered with global biopharmaceutical company Eli Lilly to…
The Association of Equipment Manufacturers wants the CRA to fix how it assesses SR&ED applications
Equipment manufacturers in Canada aren’t using the SR&ED tax credit nearly as much as they should. Why? The answer comes down to the difference between an “intuition” and a “hypothesis.”
Report: To reverse Canada’s competitive decline, eliminate SR&ED and focus on commercialization
The latest report from The Impact Centre at the University of Toronto, titled The Myth of a Better Mousetrap, offers some striking observations on Canada’s competitive shortcomings and makes several radical suggestions to improve our performance.
Pre-budget submissions for 2019 seek improved R&D tax credits and stronger space policy
Submissions to the House of Commons Standing Committee on Finance (FINA) in advance of Budget 2019 seek better R&D tax credits, more space investments, and a bigger Strategic Innovation Fund, among other things.
Applied PeR$pectives
Building with CCNB-INNOV… Relationships that go a Long Way! CCNB-INNOV, the applied research and development arm of CCNB has adapted its range of services to better meet the unique needs of the regional shipbuilding industry.
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Applied PeR$pectives is a new monthly blog dedicated to highlighting the innovative work being done in the college and institute community. |
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Fast Policy Facts
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December 12, 2018: Requiem for a National Network Program
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