Canada Hotel Industry Shows Signs of Strong Recovery with RevPAR, ADR, and Transactions Surge in 2023
The hotel industry in Canada faced unprecedented challenges in the last couple of years due to the pandemic crisis and what followed after that.
For now, one would assume that it’s not the ideal time to invest in hotels with record inflation and high interest rates, and soaring operating costs but facts show a different scenario.
Why should you read The Z-Book?
This book is designed to give an overview of the SR&ED Program of the Canadian Tax Credits & Refunds System to the busy executive and the business owner/manager. In order to keep the Canadian businesses competitive in the present global market, the Canadian government offers one of the most generous incentives to Canadian businesses to encourage them to engage in scientific research and experimental development (SR&ED). It is also available to foreign corporations conducting SR&ED in Canada. It is estimated that only a very small fraction of those eligible actually apply for this credit. It is also estimated that in the last fiscal year tax credits running into billions of dollars were approved, including refunds to eligible businesses. There is no upper limit set by the Government as to the amount of tax credits it is willing to give to eligible businesses with regard to SR&ED.
*Note: This book was released in 2011 and laws change over time. Seek professional advice.
