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Archive for the SR&ED in the News Category

SR&ED Appeals – Be Prepared To Wait.

SR&ED Appeals - Be Prepared To Wait.

On November 29th, 2016, the Auditor General of Canada tabled an audit regarding the processing and management of income tax objections. The audit was critical of long wait times for appeals, as well as the way the Canada Revenue Agency (CRA) measures its performance. As a

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Pre-Federal Budget 2016: Predictions for R&D Funding

Pre-Federal Budget 2016: Predictions for R&D Funding

Canada has a history of innovation which includes the development of insulin, sonar detection, and the electron microscope. Supporting research and development (R&D) means supporting an industry which improves our national knowledge base on topics ranging from space travel to carbon sequestration, stimulates growth in

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2016 Ontario Budget: Research and Development Tax Credits Reduced

2016 Ontario Budget: Research and Development Tax Credits Reduced

It should come as no surprise that in the provincial budget (“Jobs For Today and Tomorrow“) announced on February 25, 2016, the Ontario government has proposed a reduction to the level of support provided via Research and Development Tax Credits. These changes are effective for

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Roundup: SR&ED and Innovation in the News (August-November 2015)

Roundup: SR&ED and Innovation in the News (August-November 2015)

With the recent Canadian federal election held on October 19th and the newly elected Liberal government under Prime Minister Justin Trudeau, there has been a revived discussion surrounding innovation in Canada. We’ve pulled key articles from major newspapers on innovation and R&D that were published

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SR&ED Gets Cut in the 2014–2015 Quebec Budget

Quebec Minister of Finance Carlos J. Leitao presented the 2014–2015 Quebec Budget on June 4, 2014, focusing on Quebec’s economic recovery and the restoration of sound public finances. A number of different initiatives were announced this year but we want to focus on the Scientific Research

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