What is considered as “government assistance” for the OBPTC (and would therefore grind the tax credit)?
OBPTC
Government assistance means assistance from a government, municipality, or other public authority in any form, including a grant, subsidy, forgivable loan, and deduction from tax and investment allowance, but does not include a tax credit, or a grant that is not specific to a particular eligible literary work. For example, amounts received from the Department of Canadian Heritage’s Canada Book Fund, as well as Block Grants or core or operational funding from the Canada Council for the Arts and the Ontario Arts Council, would not be considered government assistance, as none of these are title-specific.