Appeal dismissed; trial judge did not err in awarding 33% of SRED tax credit figure.
The appellants appealed a trial judgment that allowed the respondent's claim for $164,444.27, representing 33 per cent of a tax credit figure in a SRED submission prepared by the respondent.
The Court of Appeal dismissed the appeal, finding no error in the trial judge's reasons given the absence of contrary evidence from the appellants.
Megadawn Printed Circuits Inc. v. Strataflex Corporation, 2005 ONCA 47595