Monthly Archives

July 2017

New White Paper Series: SR&ED for the Energy industry

By | Claims, SR&ED

We’re starting a new 5-part series of White Papers on the topic of SR&ED for companies in the Energy industry.

We aim to dispel misconceptions about SR&ED and offer special considerations for fully leveraging the program. We want every E&P and service company to leave no stone unturned for cost-saving measures in today’s economy.

TSGI has been servicing the Canadian Oil and Gas industry for 20+ years, including work with our partners on major technological breakthroughs that have transformed the industry.

White Paper 1: Debunking the myth: SR&ED Eligibility for E&P Companies (Click to open)


Check back for future installments in our series:

White Paper 2:  Drilling down: SR&ED opportunities for E&P companies beyond capital  (August 31)

White Paper 3:  Special considerations for Oil and Gas Service companies (Upcoming)

White Paper 4:  SR&ED in a JV world: Crucial insights for Energy companies entering a JV (Upcoming)

White Paper 5:  Geophysics, Reservoir Evaluation, and capturing your SR&ED entitlement (Upcoming)

Emissions Reduction Alberta (ERA) announces ~$30M project funding

By | Uncategorized

Emissions Reduction Alberta (ERA) announced approx. $30M in project funding for 12 projects aimed at reducing methane through technological advancement, as part of the Province’s objective to reduce methane emissions by 45% by 2025.

The projects are part of ERA’s Methane Challenge, focusing on opportunities in Alberta’s oil and gas industry (five projects), methane detection and quantification (five projects), and biological sources of methane (two projects).

The winning projects include a remote generator compressor system (Gentherm Global Power Technologies), an in-pipe turbine generator to off-set the need for pneumatic instrumentation (ZKO Oilfield Industries and Peyto), a cattle feed ingredient to reduce methane emissions at their source (Viresco and DSM) and biomass generation to displace coal (Capital Power Corporation). Eight other projects were announced (details here).

In total, the project funding will result in $83M total investment with industry contributions.

The main sources for methane emissions in Alberta are associated with agriculture, mining, oil and gas and waste management. The climate change impact of methane is approximately 25 times greater than CO2 over a 100-year timeframe.

Industry partners tackling technological advancements can potentially offset some of their costs through the SR&ED program. For SR&ED projects in Alberta, 10% of eligible costs can be recouped as a cash refund (up to $400K), in addition to Federal Investment Tax Credits.

For more information or a complimentary SR&ED eligibility assessment, contact Elliot Cudmore (, 403-451-3384).

Feds expand scope of innovation funding

By | Uncategorized

Federal funds ($1.26B) intended to stimulate research and development in Canada will be more broadly applicable for companies operating outside the initial six high-tech sectors outlined in prior budget announcements.

The initial industries of focus were: advanced manufacturing, agri-food, clean technology, digital industries, health and bio-sciences and clean resources, as well as infrastructure and transportation.

Widening the scope of the $1.26B fund for innovation support will be beneficial for companies focused in industries excluded from the initial announcement. However, critics may argue that dispersing funds without strategic focus will not achieve the objectives of the Feds’ targeted SuperCluster initiative.

Economic Development Minister Navdeep Bains will provide further details shortly.