Category Archives: Changes to SR&ED

Canadian Institute of Chartered Accountants – Reccomendations on SR&ED

In their August 2012 pre-budget consultation, the Canadian Institute of Chartered Accountants (CICA) addressed federal measures needed for sustained economic recovery.  One of the issues that they addressed was the SR&ED program.  The improvement of the SR&ED program is mandatory … Continue reading

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Federal Government Opens Consultations on Contingency Fees for SR&ED Program

Jim Flaherty, the Minister of Finance, and Gail Shea, the Minister of National Revenue, today opened consultations regarding the issue of contingency fees on the SR&ED program. The consultations seek input from stakeholders to better understand: • Why firms hire … Continue reading

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Chamber of Commerce Resolution- Restoring Balance in Sector Applicability of SR&ED

Recently, the Thunder Bay Chamber of Commerce and the Kamloops Chamber of Commerce have jointly released a proposed resolution that criticizes the federal government for changes that disadvantage capital-intensive companies, like those in manufacturing, pharma, and biotech.  The manufacturing sector … Continue reading

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Chamber of Commerce Resolution- Improving the Accuracy and Timeliness of the SR&ED Program

A recent resolution proposed by the Windsor-Essex Regional Chamber of Commerce, and the Mississauga Board of Trade made recommendations that the federal government: Establish a “SR&ED Claim Certification Program” that CCPC’s can voluntarily apply to. Set up a specific department … Continue reading

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The Covert War on SR&ED

According to Ian Bell, in recent months, a growing number of startups have reported abnormally aggressive audits by SR&ED reviewers that have resulted in substantial reductions in SR&ED claims. There seems to be an overall strategy to reduce the claims … Continue reading

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