CRA Updates for the OIDMTC
The Canada Revenue Agency (CRA) has put into place measures to help businesses that are experiencing financial difficulties due the COVID-19 crisis. For measures regarding OIDMTC processing claims and audits, [...]
The Modernization of OIDMTC
Interactive Ontario continues to focus our advocacy efforts--at the provincial level--on improving the OIDMTC so we can recover, grow and compete with other jurisdictions. The OIDMTC is a key [...]
OIDMTC: The Tax Credit Queue Now Stands at 10 Weeks
We have been relentlessly advocating for the reduction of the OIDMTC queue and as of last Friday it now stands at 10 weeks. This means that the oldest file that is ready for analysis and waiting for review was received in the latter half of April 2020.
IO’s Appearance Before the Standing Committee on Finance and Economic Affairs
The Standing Committee on Finance and Economic Affairs (SCFEA) recently held sector-by-sector hearings on the impact of COVID-19 and recommendations for economic recovery.