The Short Report – November 22, 2022: Feds order Chinese divestment in critical minerals; new cybersecurity task force; Canada in top 15 “talent competitive” countries, open science awards, and more
Organization: Federal Court of Appeal
Court ruling on aerospace R&D tax credit case affects entire tech sector
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.
Rx&D applauds decision upholding data protection
Canada’s Research-Based Pharmaceutical Companies (Rx&D) are claiming victory following a Federal Court of Appeal ruling upholding a key clause in Canada’s intellectual property regime. The ruling upholds a 2009 decision by the federal Court of Canada which dismissed a challenge by the generic drug industry to Food and Drug Regulations providing patent holders eight years…