Agenda - What is innovation - What are tax credits - Innovation failures - Canada Analysis R&D - Canada Ranking What is required

1. Innovation and Research and
Development Funding -
Government Policies - Canada
By: Paul Young, CPA, CGA
March 6, 2016

2. Agenda
• What is innovation
• What are tax credits
• Innovation failures
• Canada Analysis R&D
• Canada Ranking
• What is required

3. Disclaimer
• This presentation is on view of trade data for Canada. It is up to
individuals to do their own research as part evaluating government
polices and their impact on the markets.

4. Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

5. What is innovation?
• The process of translating an idea or invention into a good
or service that creates value or for which customers will pay.
more: http://www.businessdictionary.com/definition/innovation.html
#ixzz428La7jZs

6. Innovation/Failures
• Product flaws/weakness
• Pushing product out the door before it is ready
• Poor execution of product launches
• Marketing strategy
• Low adoption by customers
• Cost of the product
• Misunderstanding the demand for existing and new products
• Customers not willing to buy latest products
• Slow economy

7. Taxation Programs/R&D
• Canada offers one of the most favourable packages of R&D tax
incentives among the major industrialized countries. Federal,
provincial and territorial R&D tax incentives are available.

8. Canada / R&D to GDP

9. Canada – R&D Spending

10. R&D Ranking

11. What’s required
• More access to capital (seed funding)
• Expanding funding to innovation funds (Aerospace, food processing,
metals, forestry, automotive, hitech, clean technology)
• Research hubs
• Streamlining regulations
• Taxation
• No changes to stock options
• No hikes to taxation (Corporate and Payroll taxation)
• No new taxes (ORPP and Carbon Taxation)