Manufacturing

The Canadian manufacturing industry is one of the largest economic sectors of the Canadian economy and it greatly contributes to the nation’s employment and economic growth. In the past few years the manufacturing sector has invested billions of dollars in new technology and production facilities. However, due to the recent global recessionary measures there has been a shrink in the industry. In these turbulent times manufacturers have been faced with critical issues of downscaling and streamlining production processes in order to remain competitive and survive.  TMS tax experts specializing in manufacturing have helped manufacturers navigate the economic storm by presenting and processing specific and important government tax incentive programs related to their industry, at both the Federal and Provincial levels.