SHERBROOKE, QC, Sept. 3 /CNW Telbec/ - The Honourable Jean-Pierre
Blackburn, Minister of National Revenue and Minister of State (Agriculture and
Agri-Food), met today with Dr. Maher Boulos, President and Chief Executive
Officer of Tekna Plasma Systems Inc., and personally delivered $1,205,000 in
scientific research and experimental development (SR&ED) investment tax
credits earned by the company.
During a tour of the company's facility in Sherbrooke, 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 is supporting Canadian businesses like Tekna Plasma
Systems Inc., which is a world leader in induction plasma technology" said
Minister Blackburn. "Businesses like Tekna Plasma Systems Inc. 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 Tekna Plasma Systems Inc. in the
design, development and construction of integrated plasma systems for a wide
range of laboratory research and industrial-scale materials processing and
surface treatment applications.
"The SR&ED program shows the Government's commitment to supporting
research and development in Canada," said Dr. Boulos. "This program helps
Tekna Plasma Systems Inc. maintain a strong research and development program
focused on the design and construction of integrated plasma systems for
nanoparticle synthesis, coating application, plasma treatment of powders such
as spheroidization and purification for laboratory research and
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: Caitlin Workman, Media Relations, Canada
Revenue Agency, (613) 941-6269; Roxanne Marchand, Director of Communications,
Office of the Minister of National Revenue, (613) 995-2960; Dr. Maher Boulos,
President and Chief Executive Officer, Tekna Plasma Systems Inc., (819)
820-2204 ext. 202