Category: C-Suite CNNX

Ontario Budget in 2022: Investing in Jobs, Infrastructure, and Health Care

Ontario’s provincial budget was tabled by the Ontario Finance Minister, Peter Bethlenfalvy, on April 28, 2022. The budget is titled “Ontario’s Plan to Build” and allots billions in spending while aiming to reduce the province’s current debt of $19.9 billion to less than $8 billion by 2025. This review will highlight significant changes to government…

Building Your Business Growth Plan

So, you have a business plan, now what? Growth! It’s time to take the next step of your business journey and it doesn’t have to be as intimidating as it might seem. Check out this article captured by SBX partners, Export Development Canada, where they explain why having a business growth plan is crucial to…

Top Government Funding Programs for Canadian Manufacturers

Top Government Funding Programs for Canadian Manufacturers The Canadian government offers a variety of grants and loans to assist manufacturers with strategic growth projects. As a result of greater access to government financing than any other industry, manufacturers tend to be ideal candidates for financial incentives. Additional funding programs are available from each province, and…

Can Your Project Receive Scientific Research and Experimental Development Tax Credits?

Scientific Research and Experimental Development (SR&ED) is a tax incentive program administered by the Canada Revenue Agency (CRA) that rewards companies for solving technological challenges and improving the economy through research and development. Tax incentive programs such as SR&ED are governed by the Income Tax Act. SR&ED prosecution is defined to be, “…a systematic investigation…

What is the Scientific Research and Experimental Development (SR&ED) program?

The Scientific Research and Experimental Development (SR&ED) program, is a Canadian tax incentive initiative that helps small to large businesses in all sectors perform research and development within Canadian borders. SR&ED lets organizations reduce tax liability for a current year or a future year. Tax incentives from this initiative come in three options: an income…

Upskilling Best Practices

Sandbox is excited to debut this guest blog post, Upskilling Best Practices, written by the team at Botree. Botree is a valued partner at SBX and are always striving to improve the way our business community does work.So, without further adieu, continue reading to find out more about how you can upskill your workplace with…