5 THINGS YOU SHOULD KNOW
Delivering on years of CME advocacy, the Ontario government announced in Budget 2023 that certain businesses may be eligible to receive Corporate Income Tax relief for investments in buildings, machinery and equipment used for manufacturing or processing.
By attending this webinar, you will learn about:
- Types of companies eligible to claim the credit
- Which expenditures can be reimbursed, and to what extent
- Administrative procedures to follow when claiming
- Policy intent and role of the credit in Ontario’s manufacturing strategy
- Do’s and don’ts for effective tax liability management
HEAR FROM A TAX EXPERT
Partner – Incentive & Tax Credit Advisory Services, BDO Canada
Originally an entrepreneur himself, Rick is a seasoned BDO Tax Partner specializing in Credits and Government Incentives. With a track record of supporting over 1,500 Canadian businesses, Rick deeply understands manufacturing companies’ challenges.
His role involves bridging the gap between businesses and the Canada Revenue Agency (CRA), ensuring accessibility to funding programs. Rick has participated in CRA policy development and contributed to draft legislation on emerging federal tax credits.
Rick leads BDO’s digital transformation for manufacturing initiatives and is avidly involved in community initiatives. He has participated as a guest lecturer at the University of Waterloo, Conrad School of Entrepreneurship and Business, and mentors at local innovation centres on funding, incentive planning, finance, and cash-flow strategies.
