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:

  1. Establish a “SR&ED Claim Certification Program” that CCPC’s can voluntarily apply to.
  2. Set up a specific department (from within existing structure) to work with CCPCs that are certified to the “SR&ED Claim Certification Program.”
  3. Set up a preferential and expedited claim and payment process for CCPCs that are certified to the “SR&ED Claim Certification Program,” allowing claims to be processed within a guaranteed first three months of CCPCs fiscal year.
  4. Establish an Administrative Monetary Penalty System that promotes compliance for CCPCs that are certified to the “SR&ED Claim Certification Program”.
  5. Ensure SR&ED eligibility and evaluation criteria for federal funding programs are clearly defined and specific to the intended recipient pool.
  6. Ensure all funding programs have clearly defined submission and evaluation protocols to provide for a fair and transparent evaluation process.
  7. Ensure all funding programs have pre-screening mechanisms to provide timely guidance to prospective applicants.
  8. Ensure that only necessary application support is requested of applicants and minimize on-going reporting requirements to reduce the administrative burden associated with the submission process.
  9. Ensure programs and funding are available to appropriately address the needs of existing Canadian business as well as those being pursued in identified strategic priority industries.
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