Monthly Archives: April 2012

Changes to SR&ED Program and Their Impact on the Clean Technology Industry

Posted on April 27, 2012 by admin

As quoted in the Financial Post, a recent post in Renewable Energy World draws attention to the possibility that the reduction of general ITC for large corporations, and the elimination of capital from the eligible SR&ED expenditures, could have a negative impact … Continue reading →

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Federal Party Positions on the SR&ED Program

Posted on April 25, 2012 by admin

From Sreducation, to follow is a summary of the party positions on SR&ED from each of the 3 federal parties. Liberal Party According to Ted Hsu (Liberal Critic for Science and Technology), there are too many illegitimate SR&ED claims.  He believes that … Continue reading →

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Professional SR&ED Practitioners Association

Posted on April 23, 2012 by admin

One of the issues with the Scientific Research and Experimental Development (SR&ED) program is the fact that there is no existing regulation within the SR&ED consultation field. As reported in the Globe and Mail, this has allowed “consulting firms” to … Continue reading →

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SR&ED Versus NRC-IRAP

Posted on April 19, 2012 by admin

The 2011 Jenkins Report suggested that federal funding be rebalanced to support more direct forms of funding (like the National Research Council’s Industrial Research Assistance Program, or NRC-IRAP), rather than indirect forms of funding (like the Scientific Research and Experimental … Continue reading →

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SR&ED Still Complex Program That Requires Engineering Consultation

Posted on April 18, 2012 by admin

The recent 2012 federal budget has eliminated the capital portion of expenditures, and reduced contract payment eligibility from the SR&ED program. Brian Leve of Grant Thornton LLP suggests that the introduction of phased-in rate changes increases the complexity of calculations … Continue reading →

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