How Will The Federal Election Impact the SR&ED Program?

[ Image courtesy of the Toronto Star ] During the Leaders’ english debate on October the 3rd, one issue that was broached was the federal SRED (Scientific Research and Experimental Development) business incentive program. Under the existing federal SR&ED program, non-profitable corporations with… Read more »

Look For Alternative Forms of Financing

The cost of borrowing money just went up. Unlike their US counterparts, Canadian banks that held positions in high-risk US mortgages will likely not receive a bail-out package.  The net impact of the mortgage crisis is that Canadian banks will… Read more »

What Work Qualifies for SR&ED

When deciding whether to gather sr&ed information and make a sr&ed claim many companies often wonder what types of work qualifies for sr&ed tax credits. A sr&ed project is defined by the Canadian Revenue Agency as “a set of interrelated… Read more »

R&D is booming in Alberta

Most Canadian provinces top-up the federally-funded Scientific Research and Experimental Development (SR&ED) tax credit.  In the past, Alberta has trailed the rest of Canada in its support of research and development.  Up until now.  It seems that Alberta has finally caught up with the… Read more »

Effort Vs Return

From the Ask an Expert Mailbag! The question, are SR&ED Tax Credits worth the effort you put into them? Here we try to answer that all important question. Preparing a sred claim can be a time consuming process requiring the… Read more »

Cutting costs without sacrificing the future

In times of recession, many companies cut down on costs.  But unless you’re facing bankruptcy, cutting costs may come at the cost of sacrificing future sales.  For instance, to make the bottom line look better, you could always downsize R&D efforts. … Read more »