Monthly Archives: April 2012

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

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

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

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

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

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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