Tag Archives: SR&ED changes

Reduction of SR&ED Tax Credit Detrimental to Canadian Businesses

Many of Canada’s largest research and development have voiced their concerns over the federal government’s cuts to the SR&ED program. ¬†According to a report by Canadian Manufacturers and Exporters (CME), ¬†Canadian businesses will receive a $750-million / year reduction in … Continue reading

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Changes to SR&ED Proposed by Western Provinces

Most provinces and territories have their own incentives for research and development, which work alongside with federal SR&ED. The provincial tax credit is calculated first, and the federal ITC is calculated on the remainder of the claim. To follow are … Continue reading

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