Program Update

Alberta announces new

Innovation Employment Grant (IEG)

The new IEG is a functional replacement of the previous Alberta SR&ED tax credit. With two tiers (8 and 20%) respectively applicable to base-level and incremental R&D spending, IEG aims to incent Small and Medium Enterprises (SMEs) to ramp up technology development and innovation in Alberta. Program launches Jan 1, 2021.

Some details are still unknown, but we discuss everything known to date in our webinar below, or reach out to elliot.cudmore@tsgi.ca for more information.