G6 Consulting Inc Canada's R&D Tax Credit Experts
CEWS extended in Federal Budget to Sept 25
CEWS was extended in April 19/21’s federal budget to September 25, 2021 from June 5, 2021. This is a 4 period extension of CEWS, taking the total number of claim periods to 20.
The new CEWS claim periods are:
#17 June 6, 2021 to July 3, 2021
#18 July 4, 2021 to July 31, 2021
#19 August 1, 2021 to August 28, 2021
#20 August 29, 2021 to September 25, 2021
There were no changes announced to the SR&ED program in the budget.
IRAP will receive $100M in extra funding per year from the budget.
There were a number of broad innovation initiatives regarding carbon capture, green initiatives generally and venture capital support but no specifics/actionable items yet.