Category Archives: Changes to SR&ED

Science Minister Goodyear Says National Research Council will be Transformed to Respond to Private Sector Demand

Science Minister Gary Goodyear commented on the progress of the federal government thus far on R&D spending.  Canada continues to lag behind other industrialized nationals in terms of innovation, and the Jenkins Report released earlier this year provided recommendations on … Continue reading

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Legislative Changes to SR&ED Program

A draft of upcoming legislative proposals by the Canadian Finance Department, released August 14th, has revealed changes to the SR&ED program as detailed in the 2012 federal budget: Removal of capital from the expenditure base (for capital expenditures incurred in … Continue reading

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ITAC Releases Commentary on SR&ED

The Information Technology Association of Canada (ITAC) recently released a commentary on the changes to the SR&ED program on behalf of the Information and Communications Technology (ICT) industry. Generally, ITAC has consistently articulated the view that the best mechanism to keep … Continue reading

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Deloitte Survey Finds SR&ED Changes Makes Canada Less Globally Attractive for Investment

The 2012 federal budget shifted some of the support for SR&ED into targeted grant programs, such as IRAP.  Deloitte conducted an online survey to capture the private sector’s perspective on these changes. In general, the majority (66.7%) of all respondents … Continue reading

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Changes to R&D- Two Step Forwards and One Back

John Lester of the School of Public Policy recently released a report which analyzed the changes to Canada’s innovation polices as per the 2012 federal budget. The budget makes some sensible changes to the SR&ED program, but Lester argues that … Continue reading

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