Ottawa, ON…CATAAlliance, Canada’s One Voice for Innovation lobby group, tabled today a call for consultation letter and brief to Canada’s Minister of Innovation, the Honourable Navdeep Bains, regarding the two reviews of government programs and the SR&ED program announced in the March 2017 federal budget.
The letter and brief, linking to five research and community commentary validation hot links, can be reviewed at: http://cata.ca/2017/sred-bains/
CATA’s Sr. VP, Tax, Finance & Advocacy, Russ Roberts, a 30 year public policy veteran, said, “Since these reviews were announced, we have attempted to obtain a clear idea of how they will be conducted and how the community can best provide input. Unfortunately, we have had no success…”
Roberts concludes “ We strongly support the creation of a new organization to provide leadership for the new business-facing programs. However, we would argue that the plan does not go far enough. The new organization needs to include the management of at least the refundable tax credit portion of the SR&ED program, if not all SR&ED-like tax based incentives…”
Interact with your Innovation Peer Group Now
The Canadian Advanced Technology Alliance (CATAAlliance) is Canada’s One Voice for Innovation Lobby Group, crowdsourcing ideas and guidance from thousands of opt in members in moderated social networks in Canada and key global markets. (No Tech Firm Left Behind)