On March 22, 2017, federal Finance Minister Bill Morneau introduced the Liberal Party’s much-anticipated 2017 federal budget, titled “Building a Strong Middle Class”. This is the Liberal Party’s second budget since their election to office in October 2015. In it, the government announced that their focus was partially on the “new, Read more…
In 2005, I retired from the CRA. For many years, I had enjoyed my role as a Research and Technology Advisor (RTA) at the CRA. As I was part of the original team hired in 1986, I had seen how the program had evolved and, put bluntly, started to devolve. Read more…
How do you know when SR&ED begins? The key is understanding uncertainty. One question we are frequently asked is this: Where does a Scientific Research & Experimental Development (SR&ED) project begin? What is included in the scope? In any given Research & Development (R&D) project, there will come a time when Read more…
A few weeks ago, the Department of Finance launched a Consultation Regarding The Impact of Contingency Fees on The Effectiveness of the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program. Many people took the time to respond, including our in-house expert Gilbert Lance. His letter to the group is visible Read more…
Gil Lance’s view: the Ombudsman’s report does not make the cut. On February 10, 2012, The Office of the Taxpayer’s Ombudsman (OTO) released an Observation Paper addressing issues of service and fairness in the SR&ED tax incentive program.1 Gil Lance worked within the CRA SR&ED division for 19 years before Read more…