There is no denying that Canada has one of the best programs as far as funding for companies that perform R&D goes. And while it is promoted frequently for Canadian Controlled Private Corporations, there are many other companies that can… Read more »
Software: Who Can Claim for SR&ED?
So you’ve gotten your system running with a new piece of software – whether it’s to help run part of your machinery, or whether it’s to help run one of your processes more efficiently – and you want to include… Read more »
Canada gets D for innovation
The Conference Board of Canada issued a report on Tuesday on the state of Canada’s innovative abilities. Unfortunately, although we have the world’s best R&D funding program, we do not seem to rank very well on the global scale of… Read more »
Surviving Foreign Competition
Aggressive offshore competition isn’t new to us here. Let’s face it – it can be tough to survive when products similar to yours can be purchased for a fraction of the price from a company that doesn’t even operate in… Read more »
SR&ED & foreign-owned companies
Canadian companies definitely have an advantage when it comes to research and development tax credits. Canada is rated among the Top G20 countries when it comes to Research and Development. The government encourages Canadian companies to do their research in… Read more »
What if you get other government grants and loans?
With the number of government grants, loans and other assistance available, we have frequently been asked whether companies can still file for the SR&ED program if they’re taking advantage of other assistance programs. There are so many different programs available:… Read more »
R&D Tracking
There seems to be an endless amount of paperwork required to keep a successful business operating efficiently and effectively these days. With all of the different regulatory, industry association requirements and internal documents to deal with, adding another heap of… Read more »
Reader Question: Can NPOs Claim SR&ED?
We have had some people contact us with a question about whether non profit organizations (NPOs) can claim for the SR&ED program. The short answer is, unfortunately no. However – corporate clients or partners can. Why is this? The CRA… Read more »
Using SR&ED to turn R&D into a profit centre
The SR&ED program offered by the provincial and federal governments is an under-used and even more under-utilized program. According to the CRA there are currently, in Canada, only about 50% of eligible companies taking part in the SR&ED program. In… Read more »