SR&ED rewards companies for scientific or technological advancement not just commercial success.
SR&ED encourages Canadian businesses of all sizes to perform R&D by offering:
Tax Deductions for eligible expenditures
Investment Tax Credits (ITCs)
Provincial Credits
Work aims to create or improve technology, not just cosmetic or routine improvements.
Structured testing, experimentation, and analysis — not random trial-and-error.
You must be tackling a technical problem without a known solution.
Majority of the R&D must take place domestically.
Corporations (especially CCPCs), sole proprietors, partnerships, and trusts.
Canada’s SR&ED program rewards businesses conducting R&D with tax credits for technical problem-solving and experimental development. Eligible expenses typically include internal salaries, contractor costs, and material consumption tied to the project.
Expert insights, practical guides, and tools to help innovators unlock hidden R&D credits and fuel their next breakthrough
.svg){kind=small}
.svg)