Canada Revenue Agency

Canada Revenue Agency

May 21, 2009 07:30 ET

Media Advisory/REMINDER: Government of Canada Delivers $2.2 Million in Research and Development Tax Credits to Optosecurity Inc.

OTTAWA, ONTARIO--(Marketwire - May 21, 2009) - On May 21, 2009, the Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture and Agri-Food), will meet with Charles Laflamme, Chief Financial Officer of Optosecurity Inc., to personally deliver a cheque for more than $2 million in tax credits for scientific research and experimental development (SR&ED).

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.

Following his remarks, the Minister and the media are invited to view a demonstration of the OptoScreener, a machine developed by Optosecurity Inc.

Date: Thursday, May 21, 2009

Time: 10:00 a.m.

Location: Optosecurity Inc.
Olympus Building, 2nd floor
Conference Room D
505 Parc-Technologique Boulevard
Quebec, Quebec

Contact Information

  • Canada Revenue Agency
    Noel Carisse
    Media Relations
    Office of the Minister of National Revenue
    Natalie Boileau
    Director of Communications (Acting)