SR&ED Education & Resources
What is SR&ED?
The Scientific Research and Experimental Development (SR&ED) tax incentive program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. Each year, the SR&ED program provides over $3 billion in tax incentives to over 20,000 claimants. Of these, about 75% are small businesses.
Many businesses confuse innovation with SR&ED – but the policies that govern SR&ED are very strict. If you believe SR&ED and innovation are the same, you may be in for a surprise!Â
Let’s be honest: This is a challenging tax credit. We have everything you need to know about the SR&ED Tax Incentive Program.
How can the SR&ED program improve your bottom line? Use our online calculator to determine how much you could receive in tax credits.
Need a little support navigating the SR&ED program? We can help with our Comprehensive Guide to SR&ED.Â
SR&ED Program Updates: January-March 2024
This post outlines Scientific Research and Experimental Development (SR&ED) program updates from January to March of 2024, including administrative, policy,
SR&ED in the Federal Budget: Fairness For Every Generation (2024)
On April 16, 2024, the Liberal government Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, released the
SREDucation Participates in TMX Innovation Investment Roundtable – April 2024
On Tuesday, April 2, 2024, TMX Group hosted a roundtable discussion on The Scientific Research and Experimental Development (SR&ED) Tax