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Expertise: SR&ED Tax credits

Financial Assistance in Canada: Strategies for Effective Overlap

In the competitive Canadian landscape of innovation and development, companies constantly seek incentives and funds for their research and development (R&D) activities. In this light, many turn to various sources of financial assistance, such as government grants, tax incentives, and private investments. Among these, the Canadian Scientific Research and Experimental Development (SR&ED) program stands out. […]

What’s changing in SR&ED review?

The Canada Revenue Agency (CRA) has updated its guidance on SR&ED review, specifically by expanding how it explains the review of both scientific work and associated expenditures. While this isn’t a change to the program itself, it reflects a clear expectation: businesses must be ready to demonstrate their claims clearly, consistently and with evidence.  Here’s […]

Are you claiming all you can as a CCPC in Canada?

If you’re leading a Canadian company, you know your CCPC status isn’t just another technicality, it’s a strategic asset. From saving millions in taxes to leveraging generous federal and provincial incentives, the right classification can fuel growth and innovation.  In this article, we’ll be explaining what CCPC is, why its status matters and how to […]

SR&ED Cannabis Eligibility: R&D Tax Credits in the Industry

Scientific Research and Experimental Development (SR&ED) program was established to support R&D and innovation in Canadian industry. Any Canadian company advancing its knowledge by overcoming uncertainties via systematic investigation is eligible for up to 65% refund for its R&D expenses, including salaries, subcontractors, and consumed materials. Almost any cannabis related company can be SR&ED eligible […]

SR&ED tax incentives for 3D printing Canadian businesses

In the realm of cutting-edge technology, 3D printing stands as a revolutionary force. It is transforming the way we design, manufacture, and innovate. This transformative technology has the potential to revolutionize industries from healthcare to aerospace. But its development and implementation require significant investment. Expenses include wages paid to engineers, technicians, and contractors, as well […]

SR&ED for Bioscience: Neurotechnology and Psychedelics

Over the last decade, Canada has been establishing itself a premier hub for innovative research in psychedelic research and neurotechnology, holding immense potential for revolutionizing mental health and neurological treatment. For emerging firms eager to make strides in the domain, navigating the financial landscape to fund such cutting-edge research can prove to be challenging. By […]

3 Breakthroughs in Battery Recycling R&D

While Canadian interest in electric vehicles keeps growing – from 56,000 sales in 2019 to 184,578 in 2023 – the direct consequence is the increasing number of end-of-life batteries, posing significant battery recycling challenges, especially considering their non-biodegradable and toxic nature for the environment. Additionally, experts have determined that with the current consumption of metals […]

CO2 Carbon Capture Technologies : SR&ED Funding Opportunities

As the world wrestles with the realities of climate change, the need to reduce CO2 emissions has never been more urgent. While renewable energy sources and energy efficiency improvements play crucial roles in this fight, carbon capture technologies have emerged as an important tool in mitigating the environmental impact of fossil fuels.   These technologies […]

How to differentiate types of R&D ?

Multiple definitions and guidelines exist to define Research and Development (R&D). When scientists and the scientific community gather all together during international conferences, they all speak the same universal language. Indeed, they all agree that R&D activities fall under three different categories: Basic research is experimental or theoretical work undertaken primarily to acquire new knowledge […]