KPMG Canada buys tax credit consultancy RDQ

KPMG Canada has acquired RDQ, a Joliette, QC-based consulting firm specializing in scientific research and experimental development (SR&ED) tax credits and other incentives.

Founded in 2002, RDQ supports Quebec entrepreneurs and private companies in applying for SR&ED and e-business development (CDAE) tax credits. The firm, which has 18 employees according to LinkedIn, helps clients meet the guidelines and expectations of Investissement Quebec and the CRA while receiving the maximum eligible credits.

RDQ also has expertise in helping clients obtaining grants and funding for innovation, including the integration of information technology (CTIM).

The firm has offices across Joliette, Montreal, Quebec City, and Drummondville.

KPMG will add RDQ’s professionals to the tax segment of its enterprise group, which supports private company entrepreneurs, family businesses, and fast-growing companies.

“We are extremely proud to welcome RDQ's team of professionals into our tax group and to provide locally based services to all Québec entrepreneurs so as to support them throughout their innovation process," said Benoit Lacoste Bienvenue, Québec managing partner at KPMG Canada.

The move builds on several Quebec accounting firm acquisitions made by KPMG in the last year. The firm in August 2020 bought Allard Matte and in May 2021 bought Lacroix Allaire Héroux Beaudry. KPMG in July acquired Montreal-based Stein Jacobs Krolik.

"We are thrilled at the idea of joining KPMG's Québec team,” said RDQ's Guy Gauthier and Annie Bellehumeur. “We have a common desire to grow and support Québec entrepreneurs and private companies.”

KPMG has more than 1,400 people in six offices across Quebec and nearly 8,000 people across Canada.