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Innovate, Baby, Innovate? Key Enhancements to Canada’s SR&ED Program in Budget 2025

In the April 2025 federal election, the Liberal Government emphasized innovation as a cornerstone for economic growth, particularly in emerging sectors like artificial intelligence, quantum computing, biotechnology, and...more

Canada’s Federal Budget 2025: The Cost of Playing It Safe

As former Toronto Blue Jay Rickey Henderson noted, “you can’t steal second base and keep one foot on first.” The act of stealing a base requires leaving a secure position for an insecure one: to accept risks to achieve a new...more

Canada Elects 2025: Tax Policies Poised to Shape Canada’s Innovation Economy

In a historic election, given the backdrop of rising tensions between Canada and the US, Canadians elected Mark Carney and his Liberal party on April 28, 2025. Although the platform released by the Liberals (the Liberal...more

Canada’s 2024 Federal Budget Update: The Federal Government Stands Firm on Capital Gains Tax

In the federal budget released on April 16, 2024 (“Budget 2024”), the government announced that the capital gains inclusion rate will be increased from 50% to 662/3% effective on gains triggered on or after June 25, 2024 (see...more

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