News and Insights

Key Tax Updates: Capital Gains & Filing Relief

March 26, 2025

Capital Gains Tax, CRA Relief & More

As a Chartered Accountant in Canada with a deep understanding of the intricacies of our tax system, it is imperative to stay ahead of recent tax law changes and their implications for clients. Canadian taxpayers and business owners should be aware of the latest changes announced by Prime Minister Mark Carney, which will have significant impacts on capital gains tax and reporting requirements. Below, I summarize the main updates, provide context, and offer practical advice for navigating these changes.

Cancellation of Proposed Capital Gains Tax Increase

One of the most significant recent announcements is the cancellation of the proposed hike to 66 2/3% in capital gains inclusion rates, originally scheduled for implementation in 2026. Prime Minister Carney’s decision to reverse this increase is a major policy shift aimed at encouraging investment, supporting entrepreneurial growth, and strengthening Canada’s economic outlook.

Previously, the government planned to increase the capital gains inclusion rate—which determines the taxable portion of capital gains realized upon the sale of assets—from 50% to 66 2/3%. This would have resulted in a higher tax burden for individuals, trusts, and corporations realizing capital gains. However, with this policy now cancelled, taxpayers will continue to benefit from the more favourable inclusion rate.

For additional details on how this impacts your tax planning, visit our Personal Tax Planning page.

Increase in the Lifetime Capital Gains Exemption (LCGE)

Another key update is the increase in the Lifetime Capital Gains Exemption (LCGE) limit to $1,250,000. This exemption allows eligible individuals to realize capital gains up to the limit without paying tax, a significant tool for entrepreneurs and small business owners. The increased limit provides enhanced opportunities for tax-free growth and succession planning, particularly for those involved in qualified small business corporations and qualified farm or fishing property.

CRA Relief for Capital Dispositions

1. Relief for Trusts (T3 Returns)

The Canada Revenue Agency (CRA) has introduced new relief measures for trusts reporting capital dispositions in 2024:

Trusts can file their 2024 T3 return and Schedule 15 after the March 31, 2025 deadline without incurring late-filing penalties.
This waiver applies until May 1, 2025.
However, arrears interest will still apply to any outstanding tax balances until May 1, 2025.

2. Relief for Individuals (T1 Returns)

Individuals are also receiving additional relief:

The CRA has extended the deadline for T1 returns impacted by capital dispositions.
No late-filing penalties or arrears interest will apply up to the new deadline of June 2, 2025 for eligible returns.

These measures are designed to ease compliance for taxpayers managing complex capital transactions, while still ensuring accountability for outstanding balances. For a comprehensive breakdown of tax filing requirements, please refer to our Corporate Tax Services page.

Practical Implications & Recommendations

Review Your Capital Gains Strategy: Given the unchanged inclusion rate and enhanced LCGE, now is an excellent time to revisit your capital gains planning strategy.
Update Your Estate & Succession Plans: The higher LCGE can impact succession planning and wealth transfer strategies.
Ensure Timely Filings: Take advantage of the CRA’s extended deadlines for trusts and individuals, but be mindful of the interest accruing on any outstanding taxes.

Expert Tax Guidance from Kreston GTA

At Kreston GTA, our team of Chartered Professional Accountants is committed to providing expert tax advisory services. We help clients navigate complex regulatory changes and maximize tax efficiency. If you have questions about these recent changes or need assistance with capital gains, contact us today for personalized guidance.

Frequently Asked Questions (FAQ)

1. What is the current capital gains inclusion rate in Canada?
The capital gains inclusion rate remains at 50%, as the proposed increase to 66 2/3% has been cancelled.

2. What is the new Lifetime Capital Gains Exemption (LCGE) limit?
The LCGE limit has been increased to $1,250,000, offering greater tax-free capital gains potential for eligible taxpayers.

3. What are the new CRA deadlines for capital dispositions?
Trusts filing a T3 return have until May 1, 2025, and individuals filing a T1 return have until June 2, 2025, to file without late penalties.

4. Does interest still accrue on unpaid taxes with the new deadlines?
Yes, arrears interest will still apply to any outstanding tax balances, even though late-filing penalties are waived for the extended period.

5. Where can I get professional help for capital gains tax planning?
Contact Kreston GTA for expert advice on capital gains tax, exemptions, and compliance with the latest CRA regulations.

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New Government Support for Businesses affected by U.S. Tariffs

March 24, 2025

Canadian Federal Government Announces Major Support Measures for Businesses Impacted by U.S. Tariffs

As a Canadian Chartered Accountant, it is my responsibility to keep businesses informed about the evolving economic landscape and the government programs designed to support you. The Federal Government has unveiled strategic new initiatives, including the expansion of the Employment Insurance (EI) Work-Sharing Program and a robust $6.5 billion aid package. These measures are specifically targeted to help Canadian businesses mitigate the adverse impacts of recent U.S. tariffs while ensuring workforce stability and promoting long-term growth.

For personalized guidance on how these programs may affect your business, please contact Kreston GTA.

H2: Overview of Federal Support Programs for Businesses Impacted by U.S. Tariffs

In response to the recent escalation of U.S. tariffs, the federal government has rolled out comprehensive assistance measures. Below is a technical breakdown of the available support, eligibility criteria, and the potential benefits for Canadian businesses.

Work-Sharing Programs are essential tools for businesses facing temporary reductions in business activity. Rather than resorting to layoffs, employers can reduce employees’ working hours, allowing them to share available work while Employment Insurance provides supplemental income.

Key Features of the Expanded Work-Sharing Program:

Eligibility Period: March 7, 2025, to March 6, 2026
Business Types: Now includes non-profit organizations and charities, as well as for-profit businesses
Employee Criteria: At least two EI-eligible employees willing to reduce their working hours and share available work
Seasonal Workers: Expanded to include both seasonal and year-round employees
Agreement Duration: Up to 76 weeks with no required cooling-off period between agreements
Flexible Usage: Available to employers with at least a 10% decrease in business activity over the past six months, with utilization possible below 60% work reduction

For more detailed guidance on work-sharing eligibility, visit our Canadian Payroll Services page for professional support.

H3: $6.5 Billion Federal Aid Package for Impacted Businesses

To further support Canadian businesses navigating the complications of U.S. tariffs, the government has introduced a $6.5 billion financial assistance package via three key Crown corporations:

Export Development Canada (EDC): $5 billion over two years to help exporters adapt and remain competitive
Business Development Bank of Canada (BDC): $500 million in loans and deferrals geared towards small and medium-sized enterprises (SMEs)
Farm Credit Canada (FCC): $1 billion in additional credit to support agricultural and food businesses

This capital infusion aims to maintain liquidity, safeguard jobs, and drive innovation across multiple sectors.

H3: Quebec-Specific Support Measures

Quebec businesses impacted by U.S. tariffs can access a variety of unique support programs, which include:

1. Investissement Québec’s FRONTIÈRE Program

Purpose: Provides up to $50 million per company in liquidity loans for manufacturers and primary sector exporters directly affected by tariffs
Terms: 7-year loan term with a 24-month principal deferment

2. The ESSOR Program & Productivity Component

Purpose: Offers interest-free loans and non-repayable contributions to projects over $10 million, targeting productivity and market diversification

3. Panorama Financing and Support Program

Purpose: $200 million initiative providing working capital for Canadian and international sales expansion (excluding the U.S.), with loans from $250,000 to $1 million

4. Grand V Initiative

Purpose: Focuses on accelerating innovation with flexible financing and up to 1,000 hours of technical support

5. CPMT ‘Formation pour la résilience et la compétitivité en emploi’

Purpose: Skills development for employees to boost resilience and competitiveness in response to tariffs

6. CDPQ’s Program for Québec Businesses

Purpose: Supports new projects in productivity, automation, and market entry, with flexible financing and support for technological transformation

For further reading on government business support in Quebec, review our Quebec Tax Advisory page.

H3: Technical Considerations and Strategic Recommendations

Leveraging Federal and Provincial Support

With the expansion of these federal and provincial programs, businesses should:

Assess Eligibility Rigorously: Confirm that your business meets all criteria for each support measure, including duration of operations, employee eligibility, and sector-specific requirements.
Maintain Robust Documentation: Accurate financial records and employment data are essential for a successful application and future audits.
Integrate Strategic Planning: Use available funding to invest in automation, R&D, market diversification, and employee upskilling to future-proof your operations.

Maximizing the Impact of Support Programs

Working with a skilled advisory team, such as Kreston GTA’s experts, can ensure that your business not only accesses these support programs but also leverages them for sustainable growth and competitiveness.

Frequently Asked Questions (FAQ)

1. Who is eligible for the expanded Employment Insurance Work-Sharing Program?
Businesses (including non-profits and charities) with at least two EI-eligible employees who agree to reduced hours are eligible. Seasonal and year-round employees are included.

2. What financial support is available for SMEs affected by U.S. tariffs?
The BDC is offering $500 million in loans and payment deferrals, while EDC and FCC provide additional resources for exporters and agricultural businesses, respectively.

3. Are there special programs for Quebec businesses?
Yes. Quebec offers multiple programs through Investissement Québec and CDPQ, including liquidity loans, productivity funding, and strategic market diversification support.

4. How can businesses apply for these federal support programs?
Applications are typically submitted through Service Canada, EDC, BDC, or FCC. Thorough documentation and eligibility confirmation are crucial.

5. Where can I get expert help to navigate these programs?
Reach out to Kreston GTA for tailored advice and assistance in maximizing the benefits of these support measures.

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Understanding Canada’s Carbon Tax and Recent Changes

March 16, 2025

Canada’s Carbon Tax: Tax Treatment for Businesses and Individuals Explained

Canada’s carbon tax has long been a cornerstone of the federal government’s approach to reducing national greenhouse gas emissions. Since its introduction in 2019, the carbon tax has influenced both business operations and Canadian households, aiming to encourage the adoption of cleaner energy sources. As a Chartered Accountant in Canada, I will clarify the latest developments, including tax treatment and recent legislative changes, so your business or family remains compliant and maximizes available benefits.

What is Canada’s Carbon Tax?

The carbon tax applies a direct levy on the purchase and consumption of fossil fuels, such as gasoline and natural gas. The government’s objective is to reduce carbon emissions by making carbon-intensive activities more costly, thereby encouraging both businesses and individuals to shift toward more sustainable energy alternatives. For a deeper look at how Canadian tax policies work, visit our Canadian Tax Services page.

Business Tax Treatment of Carbon Tax and Rebates

How the Carbon Tax Affects Canadian Businesses

Canadian businesses, especially small and medium-sized enterprises (SMEs), have been subject to the carbon tax for fuels used in their operations. This policy has impacted operating costs, particularly in energy-intensive industries.

The Canada Carbon Rebate for Small Businesses

To counteract the financial impact, the government introduced the Canada Carbon Rebate for Small Businesses. Under the current legislation, this rebate is considered taxable income. Therefore, any business receiving the rebate must include it in its taxable income when filing a T2 corporation income tax return for the year the rebate is received. Example: If your incorporated business received a $5,000 Canada Carbon Rebate in 2024, you must include this amount as income on your 2024 T2 tax return.

Tax-Free Proposal and Legislative Amendments

The Government of Canada has proposed making the rebate tax-free to support business growth and sustainability. However, this change requires a legislative amendment. Should the amendment pass, the Canada Revenue Agency (CRA) will process amended T2 tax returns for eligible businesses. It is advisable for companies to consult with their professional advisors and monitor updates on the CRA’s website or refer to our Tax Resources page.

Personal Tax Treatment of the Carbon Tax and Rebates

Application of Carbon Tax to Individuals

The carbon tax was applied to everyday fuels, including gasoline, diesel, propane, and natural gas. Recognizing the potential burden on household budgets, the government provided the Canada Carbon Rebate (CCR), previously called the Climate Action Incentive Payment (CAIP).

Is the Canada Carbon Rebate Tax-Free?

Yes. For individuals and households, the Canada Carbon Rebate is tax-free. The rebate is intended to return the majority of the carbon tax revenues directly to Canadian families. The amount you receive depends on family size and your province of residence, supporting affordability and fairness across regions.

Recent Elimination of the Consumer Carbon Tax (March 2025)

What Has Changed for Consumers?

As of March 2025, the federal government has eliminated the consumer carbon tax in response to rising concerns about affordability for Canadians. This significant policy move means that individuals will no longer pay carbon tax on fuels such as gasoline and natural gas.

Discontinuation of the Canada Carbon Rebate

With the elimination of the consumer carbon tax, the Canada Carbon Rebate for individuals will also be discontinued. Households should expect that rebate payments will cease following this legislative change. For more updates, visit our Latest News section.

Ongoing Implications for Businesses

It is crucial for businesses to stay informed about any continuing environmental regulations or potential incentives that may impact their operations, even as the consumer carbon tax is phased out. Monitoring industry developments and working closely with your advisor can help your business remain both compliant and competitive.

Frequently Asked Questions (FAQ)

1. Is the Canada Carbon Rebate for small businesses taxable? Yes, under current legislation, the rebate is considered taxable income and must be reported on your T2 corporation tax return. However, legislative changes are being proposed to make it tax-free. 2. Do individuals still receive the Canada Carbon Rebate after March 2025? No, the rebate will be discontinued following the elimination of the consumer carbon tax as of March 2025. 3. How does the carbon tax affect business expenses? The carbon tax increases the cost of fuels used in operations, but rebates may help offset some of these expenses. Businesses must include any received rebates in taxable income unless legislation changes. 4. Will the CRA process amended T2 returns if the rebate becomes tax-free? Yes, if a legislative amendment passes, the CRA will process amended returns for eligible businesses. 5. Where can I learn more about Canadian tax compliance for my business? Visit our Canadian Tax Services page for comprehensive guidance and support.

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The Impact of Tariffs on Canada: A Call for Economic Diversification

March 9, 2025

Canada’s Trade and Economic Strategy

As a Chartered Professional Accountant (CPA) in Canada with extensive experience analyzing international trade and economic policy, I’ve witnessed firsthand how Canada’s economy has been profoundly shaped by our historical trade relationship with the United States. However, recent trade tensions, evolving tariff regimes, and global economic uncertainty underscore the urgency for Canada to diversify its trade portfolio and reduce over-reliance on any single trading partner.

The Impact of Trade Uncertainty on Canadian Businesses

The current landscape of tariffs and trade negotiations between Canada and the United States is dynamic and often unpredictable. This environment of uncertainty can lead to:

Supply chain disruptions
Rising operational costs
Unpredictable delays in delivery
Increased business risk exposure

Given these challenges, Canadian businesses cannot afford to adopt a “wait and see” approach. Instead, it is crucial to proactively prepare for both short-term volatility and long-term policy shifts.

A Modern Trade Strategy: Strengthening Canada’s Economic Resilience

To secure Canada’s long-term economic stability, it’s essential to adopt a comprehensive trade and economic strategy that balances domestic self-reliance with expanded international trade opportunities. Here are the core pillars of this evolving strategy:

Enhance Self-Reliance

Boosting domestic production: Canadian businesses should prioritize local manufacturing and supply chain independence.
Encouraging innovation: Investment in R&D and technology adoption is critical for maintaining competitiveness.

Eliminate Provincial Barriers

Reduce interprovincial trade restrictions: Streamlining regulatory differences and harmonizing standards will foster a stronger, unified national marketplace.
Related reading: Interprovincial Taxation & Compliance

Expand Global Trade

Strengthen ties with emerging markets: Proactively negotiating and leveraging trade agreements with countries beyond the U.S. is vital.
Secure new trade agreements: Diversifying export destinations protects against shocks from any single partner.

These strategic pillars will drive policy changes in areas such as taxation, trade subsidies, export grants, and government incentives tailored to Canadian businesses.

Government Support for Businesses: Key Grants and Incentives

Recognizing the urgency of the situation, the Canadian federal government has enacted a $6.5 billion aid package to support those affected by the ongoing trade war with the U.S. The highlights include:

$5 billion allocated over two years for businesses facing decreased U.S. sales, with a focus on supporting expansion into new global markets.
$500 million in business loans, ranging from $200,000 to $2 million, at preferred interest rates.
$1 billion earmarked specifically for loans to bolster the agricultural sector.
Temporary changes to Employment Insurance (EI) to help businesses retain workers, such as reduced work hours with wage compensation.

These initiatives are designed to mitigate the negative economic impacts of tariffs and offer a buffer against external shocks.

Additional Federal and Provincial Incentives

Further support is available through various innovation and export programs, such as:

Work-Sharing Program – Assists employers in retaining skilled employees during downturns by reducing work hours while providing EI benefits.
Clean Technology Investment Tax Credit – Incentivizes investment in sustainable, clean energy solutions.
CanExport SMEs and Innovation Program – Provides funding for Canadian SMEs conducting market research, attending trade shows, and promoting exports abroad.
Scientific Research & Experimental Development (SR&ED) Program – Offers tax incentives to encourage R&D activities within Canada.

For more details on leveraging government grants and tax credits, see our Grants & Incentives Advisory page.

How Kreston GTA Can Help Your Business

At Kreston GTA, we closely monitor changes in Canadian and international trade policies, tax incentives, and grant programs. Our experienced team provides:

Proactive guidance on new opportunities and regulatory changes
Tailored advice for maximizing eligibility and value from government programs
Strategic planning for long-term economic resilience

If you have questions about eligibility, optimizing your tax strategy, or navigating grants and incentives, please contact us today at info@krestongta.com.

Frequently Asked Questions (FAQ)

1. What are the main risks of Canada’s over-reliance on the U.S. for trade?
Over-reliance exposes Canadian businesses to supply chain disruptions, tariff shocks, and unpredictable policy changes, impacting stability and growth.

2. What government support exists for Canadian businesses facing trade uncertainty?
The federal government provides support through a $6.5 billion aid package, including loans, grants, tax credits, and employment insurance flexibility.

3. How can my business benefit from the Work-Sharing Program?
Your business can retain valuable employees during downturns by reducing hours and supplementing lost wages through EI benefits.

4. Are there incentives for clean technology investment in Canada?
Yes, the Clean Technology Investment Tax Credit encourages businesses to adopt sustainable, energy-efficient solutions through generous tax incentives.

5. Where can I find more information on government grants and tax credits?
Visit our Government Incentives Advisory page for up-to-date information on available grants, tax credits, and expert guidance.

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Government launches consultations to increase Canadian research and development and intellectual property retention

February 1, 2024

Federal SR&ED Tax Incentive Program Consultations: Modernizing R&D and IP Support in Canada

Today, the Canadian federal government has launched consultations on its Scientific Research and Experimental Development (SR&ED) tax incentive program, aiming to ensure the program continues to drive innovation and strengthens Canada’s position as a global research and development (R&D) leader. This initiative is crucial for supporting Canadian businesses and fostering the retention of intellectual property (IP) within Canada.

What Is the SR&ED Tax Incentive Program?

The SR&ED program is Canada’s largest federal initiative for business-related R&D and has been a cornerstone of Canadian innovation policy since its inception in 1948. Each year, the program provides over $3.9 billion (2021) in tax incentives to more than 22,000 businesses, encouraging both Canadian technology companies and foreign-owned firms to invest in R&D activities within the country.

SR&ED tax credits offer significant financial incentives to Canadian businesses, enabling them to reduce their tax liabilities and reinvest in developing cutting-edge technologies. If you are considering applying for SR&ED or want to maximize your claim, learn more about our SR&ED and Incentives services at Kreston GTA.

Why Are Consultations Happening Now?

The Department of Finance is now seeking feedback from Canadians and stakeholders on how to modernize and improve the SR&ED program, including the possibility of introducing a patent box regime. Patent boxes are tax regimes that allow corporate profits derived from domestic IP commercialization to be taxed at a lower rate, incentivizing companies to both develop and retain IP within Canada.

The government is exploring whether further incentives—such as reduced corporate tax rates on global income derived from Canadian-generated IP—could enhance the program’s effectiveness. These changes aim to make Canada more competitive in retaining valuable intangible assets and in supporting R&D-intensive businesses.

Key Objectives of the Consultation

The federal government’s consultation is focused on:

Enhancing support for R&D-focused Canadian firms
Improving SR&ED eligibility criteria and program structure
Aligning the SR&ED program with other R&D support initiatives
Exploring more effective methods for delivering assistance via SR&ED

The consultation also considers how the SR&ED program can better complement direct funding programs and other innovation incentives.

The Importance of Evolving SR&ED Support

As a Chartered Accountant with a robust background in finance and technology consulting, I strongly applaud this consultative effort by the Canadian government. Evolving from a rigid, rules-based framework to a more targeted, outcome-driven approach is essential for fostering world-class IP development and protection in Canada. This evolution will help Canadian businesses remain globally competitive and ensure the economic benefits of innovation are realized domestically.

Why Does Intellectual Property Retention Matter?

Retaining intellectual property in Canada ensures that the economic and social benefits of innovation—including job creation, economic growth, and technological advancement—stay within our borders. A modernized SR&ED program, complemented by a competitive patent box regime, will make Canada a more attractive destination for innovators and entrepreneurs worldwide.

How Kreston GTA Can Help

At Kreston GTA LLP, we offer market-leading technical and financial expertise through our integrated team of senior industrial engineering specialists and specialized tax accountants. Our SR&ED and incentives team provides a holistic approach to maximizing investment tax credits and identifying all available funding opportunities for your business.

Whether your organization operates in IT, artificial intelligence, life sciences, robotics, or manufacturing, Kreston GTA delivers tailored support to help you thrive in the fast-evolving Canadian innovation landscape. Through our international network, Kreston Global, we empower clients to succeed wherever they operate.

For comprehensive guidance on maximizing your SR&ED tax credits and integrating them with other government incentive programs, consult our SR&ED and Incentives practice.

About the Author

Dale is a Partner in the SR&ED and Government Incentives practice at Kreston GTA LLP. With an MBA and over 15 years of engineering technology leadership experience in IT, telecom, space, and manufacturing—followed by senior roles at EY, Deloitte, Grant Thornton LLP, Baker Tilly Canada, and RSM Canada LLP—Dale specializes in optimizing government incentives across Canada’s major markets. He now leads practice growth in strategic sectors including AI, life sciences, financial services, robotics, and semiconductors.

Frequently Asked Questions

1. What is the SR&ED tax incentive program?
The SR&ED program is a federal tax incentive initiative that supports Canadian businesses investing in research and development, offering significant tax credits to offset R&D costs.

2. Who can benefit from SR&ED tax credits?
Any Canadian business, including foreign-owned firms conducting eligible R&D activities in Canada, can benefit from SR&ED tax credits.

3. What changes are being considered in the current consultation?
The government is considering modernizing the SR&ED program, possibly introducing a patent box regime to provide further tax incentives for retaining IP in Canada.

4. Why is intellectual property retention important for Canadian R&D?
Retaining IP ensures economic benefits, such as job creation and innovation, remain within Canada, strengthening our global competitiveness.

5. How can Kreston GTA help with SR&ED and other Canadian innovation incentives?
Kreston GTA offers expert guidance on maximizing SR&ED tax credits and leveraging all available government incentives to support innovation and business growth.

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News and Insights

Key Tax Updates: Capital Gains & Filing Relief

Capital Gains Tax, CRA Relief & More

Cancellation of Proposed Capital Gains Tax Increase

Increase in the Lifetime Capital Gains Exemption (LCGE)

CRA Relief for Capital Dispositions

1. Relief for Trusts (T3 Returns)

2. Relief for Individuals (T1 Returns)

Practical Implications & Recommendations

Expert Tax Guidance from Kreston GTA

Frequently Asked Questions (FAQ)

News and Insights

New Government Support for Businesses affected by U.S. Tariffs

Canadian Federal Government Announces Major Support Measures for Businesses Impacted by U.S. Tariffs

H2: Overview of Federal Support Programs for Businesses Impacted by U.S. Tariffs

H3: Expansion of the Employment Insurance Work-Sharing Program (2025–2026)

H3: $6.5 Billion Federal Aid Package for Impacted Businesses

H3: Quebec-Specific Support Measures

H3: Technical Considerations and Strategic Recommendations

Frequently Asked Questions (FAQ)

News and Insights

Understanding Canada’s Carbon Tax and Recent Changes

Canada’s Carbon Tax: Tax Treatment for Businesses and Individuals Explained

What is Canada’s Carbon Tax?

Business Tax Treatment of Carbon Tax and Rebates

How the Carbon Tax Affects Canadian Businesses

The Canada Carbon Rebate for Small Businesses

Tax-Free Proposal and Legislative Amendments

Personal Tax Treatment of the Carbon Tax and Rebates

Application of Carbon Tax to Individuals

Is the Canada Carbon Rebate Tax-Free?

Recent Elimination of the Consumer Carbon Tax (March 2025)

What Has Changed for Consumers?

Discontinuation of the Canada Carbon Rebate

Ongoing Implications for Businesses

Frequently Asked Questions (FAQ)

News and Insights

The Impact of Tariffs on Canada: A Call for Economic Diversification

Canada’s Trade and Economic Strategy

The Impact of Trade Uncertainty on Canadian Businesses

A Modern Trade Strategy: Strengthening Canada’s Economic Resilience

Enhance Self-Reliance

Eliminate Provincial Barriers

Expand Global Trade

Government Support for Businesses: Key Grants and Incentives

Additional Federal and Provincial Incentives

How Kreston GTA Can Help Your Business

Frequently Asked Questions (FAQ)

News and Insights

Government launches consultations to increase Canadian research and development and intellectual property retention

Federal SR&ED Tax Incentive Program Consultations: Modernizing R&D and IP Support in Canada

What Is the SR&ED Tax Incentive Program?

Why Are Consultations Happening Now?

Key Objectives of the Consultation

The Importance of Evolving SR&ED Support

Why Does Intellectual Property Retention Matter?

How Kreston GTA Can Help

About the Author

Frequently Asked Questions