SR&ED Conference Concludes (1998)
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Recommendations From the 1998 SR&ED Conference
On June 30, 1998, Revenue Minister Herb Dhaliwal announced a road map to improve the SR&ED program based on a conference meeting with industry representatives in Vancouver, BC. Below are some of the highlights.Â
Recommendations include:
- Administering SR&ED through a “self-contained national organization”;
- Reducing disputes through measures such as education, reviews and efforts at better communication;
- Developing standards, organized by industry sector, to better segment SR&ED differences by industry;
- Use risk management to streamline the claims process.
A Nod to Industry Involvement in Improving SR&ED
“The broad spectrum of industry involvement in these proceedings reflects a commitment on the part of industry to develop a working partnership with my department for the betterment of the SR&ED program. This is a commitment we share with industry,” said Dhaliwal in a press release.
He added, “We are confident that the action plan that was jointly developed with industry will improve the administration of the SR&ED program.”
CATA Report on SR&ED
Dhaliwal’s announcement followed on from a ministry-sponsored conference in Vancouver to review a report, written by the Canadian Advanced Technology Alliance, with suggestions for SR&ED improvements.
Other partners on the report included the Aerospace Industries of Canada (AIAC), Alliance of Manufacturers and Exporters Canada (AMEC), Canadian Chemical Producers Association (CCPA), Canadian Manufacturers of Chemical Specialties Association (CMCSA), Canadian Vehicles Manufacturers’ Association (CVMA), Information Technology Association of Canada (ITAC) and B.C. Technology Industries Association (TIA).
This article is based on a Government of Canada news release issued at the time:Â Revenue minister announces results of Scientific Research and Experimental Development (SR&ED) conference