Tag Archives: Percentage

SR&ED and the Federal Budget

The Scientific Research and Experimental Development (SR&ED) program, introduced in the 1980s, is a federal tax incentive program administered by the Canadian Revenue Agency, which provided $3.6 billion in tax assistance for research and development in 2011. In the past year, the SR&ED or SRED program was reviewed by a panel led by OpenText’s Thomas Jenkins which led to a series of recommended changes to the program presented to the federal government. Despite dramatic speculations of program overhauls in anticipation of the budget, the SR&ED program continues to be one of the most lucrative R&D incentive programs in the industrial … Read the rest

The Consistent Decline Of The Las Vegas’ Housing Market

As the economy starts to improve, the housing market of Las Vegas has not been up to par. The prices of the median home declined in May and the historically depressed level of new-home sales remained constant according to a local housing analyst.

The Home Builders Research agency has reports of 291 new-home being sold in May, which increased from 258 in April, but is down from 506 in the same month in 2010 when there was a home-buyer tax credit government sponsored, at the federal level, was in effect. The median price of a home dropped from a year … Read the rest