Category: Business Implications

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…

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…

Exporting to new markets can be a daunting task for many. Entering a foreign market completely changes the game for your business. But where do you start? Once you take that first step, the rest will follow. Check out this article captured by SBX partners, Export Development Canada, as they explain the benefits of strong…

 A solid business strategy is crucial to succeeding anytime, but most importantly, in uncertain times. With unsettlement happening around the world, how can your business be protected against any possible roadblocks? Check out this article captured by SBX partners, Export Development Canada, for steps you can take to protect your business against disruptions in turbulent times. …

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…

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…