Entries by R&D Partners

The 2021 Federal Budget: What’s in it for Canadian Innovators?

On April 19th, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland presented the first Federal budget in two years. Despite the proposed $101 billion investment and projected $154.7 billion deficit in 2021-2, no personal or corporate tax increases are planned. The budget’s focus on economic recovery and growth means several measures and investments will benefit Canada’s […]

Getting to Know Canada’s Innovation Superclusters

What is the innovation supercluster initiative?   In 2018, the Government of Canada announced the launch of 5 innovation superclusters. These organizations were meant to foster innovation in key economic sectors, increase collaboration between the private sector and researchers, create jobs and increase Canada’s competitive advantage in technology development.   The Federal Government planned to invest $950 million […]

Financial Aid for Businesses Impacted by COVID-19

R&D Partners is compiling a list of financial aid and other measures created or amended to help businesses struggling in the wake of COVID-19. We will continue to update this list as the situation progresses, so please check back regularly.  Table of Contents Federal Grants, Subsidies & Loans Challenges/Calls for Solutions Tax Deferrals Other Provincial […]

COVID-19 Funding and SRED: Best Practices for Canadian Companies

Over the past few months, we’ve seen various levels of government create many new funding programs for Canadian companies that were hit hard by COVID-19 or the necessary lockdown measures. This has affected nearly every industry, from the biggest industrial manufacturers to our favourite local restaurants and independent coffee shops. However, receiving this funding is […]

Determining SR&ED Eligibility by Industry and Project Type

Introduction: Prior to the COVID-19 pandemic, Ibis World predicted that, over the next five years, the engineering services industry in Canada would begin to grow once more, having contracted following a drop in the price of crude oil in 2015. The field of biotechnology was similarly expected to expand. Though government assistance programs will help […]

Financial Aid for Workers Impacted by COVID-19

R&D Partners is compiling a list of financial aid and other measures created or amended to help workers and businesses struggling in the wake of COVID-19. We will continue to update this list as the situation progresses, so please check back regularly.  Table of Contents Federal Provincial Alberta British Columbia New Brunswick Newfoundland and Labrador […]