Ryan Launches New Government Funding Practice; Service Offering Will Help Businesses Unlock Canadian Grant Programs

TORONTO, Aug. 19, 2015 /CNW/ -- Ryan, a leading global tax services firm with the largest indirect tax practice in North America, has launched a Canadian Government Grants practice to complement its rapidly growing Scientific Research and Experimental Development (SR&ED) service offering.  Leveraging more than four decades of innovation and progressive growth, Ryan's new practice will help businesses with strategic innovation, business expansion, capital investment, human resources development, research and development (R&D), and environmental technology development initiatives unlock more than 500 grant, loan, and tax credit programs across Canada.

"Despite the diverse number of government funding programs available, accessing these programs has historically been a challenge for businesses, as they are not readily accessible in a consolidated location; they're constantly in a state of flux as funds are introduced, renewed, or discontinued, and they often have complex eligibility criteria," said Danny Ladouceur, Ryan SR&ED and Government Funding Principal and Practice Leader. "Ryan's team of government funding experts will help clients navigate these complex funding processes and deliver substantial financial benefits."

"With more than $37 billion in grants issued last year and rising numbers of government funding programs being offered to businesses, we see this as an excellent opportunity to add value to our clients," said Garry Round, President of Ryan's Canadian Operations.

The funding programs available reflect a wide range of categories, including:

• Product commercialization
• Marketing research/marketing strategy development
• Expansion into international markets
• Facility purchase/construction/expansion
• Machinery purchase/installation/commissioning
• Software deployment
• Advanced manufacturing technology investments
• Hiring of new staff
• Training and skill development of employees
• Innovation/research and development
• Collaboration with academia and research institutions
• Productivity improvements
• Film/television/digital media production
• Development and implementation of new clean technologies and energy-efficient technologies

Ryan's new Government Funding practice will provide a unique and holistic approach to government funding, whereby a mix of grants, loans, and tax credits can be optimally matched to specific client strategies and needs. The Firm will leverage expertise spanning every industry across Canada as well as its Credits and Incentives practice across the United States to provide a comprehensive approach that encompasses the full application and all post-approval reporting requirements.

"The new funding practice, backed by our commitment to superior client service and results, represents an exciting new phase of growth for our Canadian operations and will provide tremendous value for our clients," said G. Brint Ryan, Chairman and CEO of Ryan.

About Ryan
Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the seventh largest corporate tax practice in the United States. Since 1974, the Firm's Canadian practice, headquartered in Toronto, Ontario, has supported multinational companies operating across Canada with a suite of provincial, federal, and international tax services. With global headquarters in Dallas, Texas, the Firm provides a comprehensive range of tax advisory and consulting services on a multi-jurisdictional basis, including audit defence, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a three-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan's multi-disciplinary team of more than 2,100 professionals and associates serves over 12,000 clients in more than 40 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at www.ryan.com/Canada.

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PRESS INFORMATION CONTACT:

Carol Vieira
Senior Manager, Public Relations and Communications
Ryan
401.871.7676
[email protected]

SOURCE Ryan, LLC