Category Archives: SR&ED News

SR&ED and Its Impact on Small Firms

John Lester, a research fellow with the School of Public Policy at the University of Calgary, argues that the SR&ED benefit for small businesses is far too generous. Lester points out that many small firms can receive up to a … Continue reading

Posted in SR&ED News | Leave a comment

Spending on Industrial Research and Development Increased in 2012

Statistics Canada has released a report detailing the recovery of industrial research and development spending in 2012.  Businesses in Canada spent $15.5 billion on industrial R&D in 2012, advancing slightly (0.9%) from 2011. However, industrial R&D spending remains below its most recent peak … Continue reading

Posted in SR&ED News | Leave a comment

Survey Reveals that Majority of Small Business Owners are Not Aware of SR&ED

According to a survey conducted by the American Express Small Business Monitor, more than half (58%) of small businesses have never heard of the SR&ED tax credit.  Small business owners continue to have a negative outlook on their immediate future. While innovation remains … Continue reading

Posted in SR&ED News | Tagged | Leave a comment

Invest in Canada

A recent webpage released by the Government of Canada’s Invest in Canada initiative touted the benefits that foreign companies have of investing in Canada. Specifically, a foreign company can take advantage of a 20% non-refundable tax credit through forming a … Continue reading

Posted in SR&ED News | Tagged | Leave a comment

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

Posted in Changes to SR&ED, SR&ED News | Tagged | Leave a comment