Reading time: 5 minutes. The Scientific Research and Experimental Development (SR&ED) Tax Credit is one of the oldest and well sought-after credits provided by The Canada Revenue Agency (CRA) across Canada. With over 20,000 claims filed yearly valued at more than four billion dollars, the SR&ED Tax Credit is fundamental in creating jobs, building new facilities, … Read more
Reading time: 6 minutes. Winnipeg boasts friendly people, a lively arts scene, and plenty of noteworthy places to visit. However, in terms of young businesses, the province is experiencing what its leaders call a ‘startup drought.’ According to Manitoba Premier Heather Stephenson, previous administrations ignored the lack of venture capital in Manitoba over nearly two decades. … Read more
Reading time: 5 minutes. General and administrative (G&A) expenses are the day-to-day costs associated with running a business. Everything from the wages you pay your administrative staff to the rent for your office space count as a G&A expense. Although your business might not tie G&A expenses to a specific function or department of your … Read more