ST-BRUNO, QC, Sept. 2 /CNW Telbec/ - The Honourable Jean-Pierre
Blackburn, Minister of National Revenue and Minister of State (Agriculture and
Agri-Food), met today with Mr. François Nadeau, President of Tecnar Automation
Ltd., and personally delivered $951,000 in scientific research and
experimental development (SR&ED) investment tax credits earned by the company.
During a tour of the company's facility in St-Bruno, Minister Blackburn
spoke with company officials about the importance of the SR&ED program as the
largest source of federal government support for industrial research and
"The Government supports Canadian innovative businesses like Tecnar
Automation Ltd.. This company is a unique association of research and
development, production, and international marketing professionals working in
the development, manufacturing, and marketing of niche technologies in the
areas of automation and industrial process control," said Minister Blackburn.
"Businesses like Tecnar Automation Ltd. are crucial to the long-term growth of
our economy, providing sustainable jobs in our communities and helping improve
the quality of life for all Canadians."
SR&ED investment tax credits support Tecnar Automation Ltd. in the design
and development of highly specialized product lines in the areas of automation
and industrial process control such as thermal spray, ultrasound lasers, and
"The SR&ED program shows the Government's commitment to supporting
research and development in Canada," said Mr. Nadeau. "This program helps
Tecnar Automation Ltd. maintain a highly specialized, dynamic research and
development program and design products sought by a multitude of international
organizations ranging from small- and medium-sized manufacturers to leading
businesses in aerospace, energy, and heavy industry."
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.
For more information on the SR&ED program, and details on how to apply,
go to www.cra.gc.ca/sred.
For further information:
For further information: For media: Caitlin Workman, Media Relations,
Canada Revenue Agency, (613) 941-6269; Sophie Doucet, Press Secretary, Office
of the Minister of National Revenue, (613) 608-3252; François Nadeau,
President, Tecnar Automation Ltd., (450) 461-1221, ext. 222