In the Federal Budget 2022, Ottawa announced its plans to review its Scientific Research and Experimental Development (SR&ED) program, with a primary goal of improving Canada’s ranking on research and development.
The Tax Court of Canada released its decision in the Buhler Versatile Inc. vs. His Majesty the King case, and Justice Wong’s decision provided positive implications for system uncertainty that claimants should consider when structuring a SR&ED claim.
Many Canadian businesses do not take advantage of the SR&ED tax credit program because they believe their project and/or costs are not eligible, but this belief is often guided by common misconceptions.
Finding government funding for video game development is not as tough as you may think. Canada is home to successful game studios thanks to grants and loans.
Ontario has three Provincial variants of the federal SR&ED tax credit program. Get to learn how your business can stack SR&ED with OITC, OBRITC, and ORDTC.
Find out how your Alberta business can stack tax credits from the federal SR&ED funding program and the Innovation Employment Grant (IEG).
Discover the top small business grants currently available through the Government of Canada. Including wage subsidies, exporting grants, and expediting research.
Government funding for cleantech innovation helps meet climate action goals so that all Canadians can benefit from a more sustainable country and advancing cleantech sector.
SR&ED is an incredible opportunity for many Canadian organizations looking to conduct research and development (R&D). Are you eligible?
The two most common Canadian government research funding initiatives are IRAP and SR&ED, but how do they differ, and which can best support your business?