Sherbrooke, Quebec, September 3, 2009 ... 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 development.
"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 industrial-scale process."
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.
Pour obtenir plus de renseignements sur le programme de la RS&DE ainsi que des précisions sur la façon de s'y inscrire, allez à www.arc.gc.ca/rsde.
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