Study urges drastic cuts to federal R&D tax breaks

Interesting article posted in The Globe and Mail:

Ottawa should dramatically cut its generous research and development tax breaks and plow the cash back into targeted grants for businesses, according to a new study by the University of Toronto’s Mowat Centre for Policy Innovation.

A radical overhaul is warranted because the nearly $5-billion a year in R&D tax incentives Ottawa and the provinces offer now aren’t working, according to a study being released Friday, Canada’s Innovation Underperformance: Whose Policy Problem Is It?

Continue Reading »

This entry was written by admin, posted on October 17, 2011 at 8:17 pm, filed under News and tagged . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.


Post a Comment

Your email is never shared. Required fields are marked*

*
*