SR&ED Education & Resources
What is SR&ED?
The Scientific Research and Experimental Development (SR&ED) tax incentive program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. Each year, the SR&ED program provides over $3 billion in tax incentives to over 20,000 claimants. Of these, about 75% are small businesses.
Many businesses confuse innovation with SR&ED – but the policies that govern SR&ED are very strict. If you believe SR&ED and innovation are the same, you may be in for a surprise!Â
Don’t make a costly mistake – learn more about the SR&ED program.Â
The Comprehensive Guide to SR&ED​
(…also known as the most comprehensive, interactive resource and guide to SR&ED.)
This interactive guide contains detailed information and step-by-step instructions to help you navigate the complex world of the Scientific Research and Experimental Development (SR&ED) tax credit—an incredibly generous incentive program that gives out upwards of $3.1 billion per year to innovative Canadian companies.
Let’s be honest: This is a challenging tax credit. We have everything you need to know about the SR&ED Tax Incentive Program.
How can the SR&ED program improve your bottom line? Use our online calculator to determine how much you could receive in tax credits.
Need a little support navigating the SR&ED program? We can help with our Comprehensive Guide to SR&ED.Â
2024 Ontario Budget: Important Implications for SR&ED
2024 Ontario Budget Overview The focus of the 2024 Ontario budget is to invest in key public services and not
CCI Response to CRA Consultation March, 2024  – “SR&ED is a value statement of where we want to go as a country.”
Background    The Department of Finance published a new statement on January 31, 2024, “Government launches consultations to increase
TMX Lobbies for Small Public Companies Accessing SR&ED – CRA Consultation March, 2024
The Department of Finance published a new statement on January 31, 2024, “Government launches consultations to increase Canadian research and