Does your organization conduct SCIENTIFIC RESEARCH or EXPERIMENTAL DEVELOPMENT?

Your costs may be eligible for reimbursement – We can show you how.

Call Us: 778-433-4925

You could recoup up to 64% of eligible employee costs, up to 42% of material costs and up to 33% of sub-contractor costs.

Home / SR&ED Blog / News / EXCITING DEVELOPMENTS FOR INNOVATION IN CANADA!

EXCITING DEVELOPMENTS FOR INNOVATION IN CANADA!

The Department of Finance has just launched the second round of consultations on the Scientific Research and Experimental Development (SR&ED) tax credit program.

This is a crucial opportunity for businesses, industry leaders, and stakeholders to share their insights and help shape the future of Canada’s innovation landscape. The focus of these consultations includes:

Refining eligibility criteria

✅ Streamlining administrative processes

✅ Ensuring the program continues to support groundbreaking research and development across all sectors.

This consultation period is not just a chance to provide feedback—it’s a pivotal moment to ensure that the SR&ED program evolves to better meet the needs of today’s innovators. Let’s work together to keep Canada at the forefront of global R&D.

If you have thoughts or experiences with SR&ED, now is the time to make your voice heard! 💡

#Innovation #ResearchAndDevelopment #SRED #CanadaInnovation #BusinessGrowth #getsred

Related Information