As the U.S. undergoes post-election shifts, Canadian businesses with cross-border interests are closely watching how changes in American policies on R&D tax credits and grants might affect their operations.
Securing and maintaining NRC IRAP (National Research Council Industrial Research Assistance Program) funding can be daunting for Canadian businesses, particularly small and medium-sized enterprises (SMEs).
Canadian companies have a significant opportunity to profit from bilateral cooperation with the EU in science and technology, by fostering cross-border partnerships.
The various government entities across Canada offer more than a thousand different grants and subsidies for businesses operating across the country. They offer substantial financial benefits, but often the ecosystem is opaque and challenging to navigate.
As of January 1st, 2021, new changes to contact The Canadian Revenue Agency (CRA) over the phone will take into effect. CRA is tasked with protecting the information of businesses and individuals and in doing so will require additional information from a person contacting them about financial information.
