MONTREAL, June 29 /CNW Telbec/ - On June 30, 2009, the Honourable
Jean-Pierre Blackburn, Minister of National Revenue and Minister of State
(Agriculture and Agri-Food), will meet with Pierre Coulombe, Senior Operations
Manager of IPEX Inc. to personally deliver a cheque for more than $1 million
in tax credits for scientific research and experimental development (SR&ED).
SR&ED investment tax credits support IPEX research and development of one
of the world's most diverse lines of integrated thermoplastic piping systems -
pipes, valves, fittings, auxiliary components and tools - all engineered from
the ground up to handle the full range of today's municipal, industrial,
commercial and residential applications.
The SR&ED program is a federal tax incentive program, administered by the
Canada Revenue Agency, which encourages Canadian businesses of all sizes, and
in all sectors, to conduct research and development in Canada. The SR&ED
program gives claimants cash refunds and/or tax credits for their expenditures
on eligible work done in Canada.
Date: Tuesday, June 30, 2009
Time: 10:30 a.m.
Location: IPEX Inc.
3 Place du Commerce, Suite 101
Cafeteria - 1st floor
Ile-des-Soeurs, Verdun, Quebec
For further information:
For further information: Noel Carisse, Media Relations, Canada Revenue
Agency, (613) 952-9184; Martin Paquet, Policy Advisor, Office of the Minister
of National Revenue, (613) 995-2960