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: Export Development Canada
Canada’s aerospace industry is calling for a national strategy for the sector and more government support for innovation. But critics argue that aerospace is already one of the most subsidized industrial sectors in Canada and, if can’t survive in the global marketplace without continuous public funding, should be allowed to die.
A CBRE report shows Canada has some of the fastest growing tech talent pools In North America, UBC joins a global network to personalize autism care, and more.
Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
The University of Toronto Faculty of Medicine will benefit from a $250 million donation to support advances in human health and health care; Roger Scott-Douglas is the acting new president of the National Research Council of Canada.
By Bert van den Berg The New North Star II report should be lauded for suggesting the creation of a national, challenge-driven industrial strategy. As others have noted, such a strategy would represent an important change for Canada. Past decades have seen a laissez-faire approach focused on ensuring favourable business conditions … an approach that…
Waterloo-based accelerator Communitech has a launched a new service to help scaling tech companies enter new markets more quickly and easily by handling the complexities and headaches of international hiring.
The financing will be used to build a thermal decomposition facility for processing tire waste, in Hawkesbury, Ontario.
The venture capital community in Canada was upbeat in the second quarter of the year, investing in 116 deals from 112 in the first quarter. But the value of investments dropped by 7% to only US$900 million compared to the first quarter. Still, the latest MoneyTree report by PwC Canada and CB Insights noted a…
According to Narwhal List 2018 of Canadian private companies in technology, 2017 was so successful in attracting VC money that 2018 might see a few “narwhals” possibly maturing to become “unicorns.”