Major reforms are required to the federal SR&ED tax credit program to stimulate business R&D spending and for Canada to compete internationally in innovation, says a policy brief by Robert Asselin.
Organization: Finance Canada
Canada Pension Plan Investment Board treats climate change like a public relations problem
The Canada Pension Plan Investment Board, which manages Canadians’ retirement funds, is failing to protect pension investments from the risks of climate change, says John Bennett, Senior Policy Advisor of Friends of the Earth Canada, in an op-ed.
Penalties for high-growth tech companies prompt mounting calls for tax system overhaul
Many stakeholders in Canada’s innovation ecosystem are calling for an independent, comprehensive review of Canada’s tax system.
Replacing rhetoric with “honest discussion” key to tackling innovation problems: David Watters
Ottawa should admit it has an innovation performance problem and adopt solutions that include industrial sector strategies, innovation targets and an innovation strategy that is an export strategy.
Innovation advocates argue for makeover to Canada’s R&D tax credit program
As Department of Finance Canada conducts an internal review of the SR&ED program, innovation advocates and business consultants say Canada’s largest funding program for incenting R&D by the private sector is “broken” and needs a major overhaul.
Nipun Vats
Nipun Vats has been appointed assistant DM of the science and research sector at the Department of Innovation, Science and Economic Development, replacing Lawrence Hanson who moved to Transport Canada in June to become assistant DM policy. Nipun was previously DG at ISED’s strategic policy branch. Prior to joining ISED in 2015, he was executive…
Institutional investors take aim at structural barriers to help companies scale
Several of the country’s largest institutional investors are finalizing an action plan that, if adopted, could halve the $4 billion capital gap that exists today for Canada’s rapidly expanding pipeline of early- and growth-stage companies.