Innovation is a central element in this industry, pushing businesses to invest in research and development, artificial intelligence, automation systems, nanotechnology, and energy efficiency. Being a competitive sector, manufacturing companies have to stand out and be even more innovative.
The manufacturing industry in Canada is a major contributor to the economy, accounting for approximately 10% of Canada’s GDP and employing over 1.7 million people. Canada’s advanced manufacturing capabilities, highly skilled workforce, and strategic location make it an attractive destination for international investment in the industry.
Looking to invest in skilled labor, green technologies, automated equipment, and efficiency? Access different financial benefits with Leyton. From Government Grants, SR&ED tax credits, and Property Tax & Valuation to Sales Tax Recovery find the best solution tailored to your business needs.
In the manufacturing industry, the SR&ED program can provide tax credits or refunds for eligible R&D activities that lead to technological advancements, product improvements, and improvement in process efficiency.
By participating in the SR&ED program, manufacturing companies can offset the costs of innovation and reduce their financial risk, making it easier to invest in R&D activities that can lead to new products and processes.
Additionally, participating in the program can help manufacturing companies stay competitive, be sustainable, attract top talent, and take advantage of the latest technological advancements.
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An efficient methodology which allows a fast recovery and compliance issue identification contribute to improving cash flow.
Funding program for small to medium-sized businesses seeking innovation opportunities.
Proper analysis and valuation of your real estate assets are vital to growing your business and improving cash flow.
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