The SR&ED is dead, Long live the CRIC

The 2025-2026 budget published by the Quebec government on March 25 came with its share of changes, particularly with regard to tax measures to promote R&D. The measures announced by the government in this budget have several goals. Promoting R&D investment in Québec Boosting innovation Harmonize and streamline financial support at the various stages leading […]

Unlocking SR&ED Benefits and Tax Incentives for Video Game Companies

In Canada’s competitive gaming landscape, securing funding is crucial for sustainable growth. While equity financing is a common practice, many gaming companies are increasingly leveraging non-dilutive funding to maintain control over their business. Programs like Canada’s SR&ED tax incentive, combined with other multimedia grants and tax credits, provide substantial financial support without requiring companies to […]

Is there any reason to be optimistic about the SR&ED Tax Credit?

The terminology “scientific research and experimental development” (SR&ED) was introduced in 1986 as a new title in section 2900 of the Income Tax Regulations published by the federal government to clearly distinguish between qualifying development and simple current development and current development. The beginnings of SR&ED can be traced back to 1944. The federal government […]

SR&ED Changes: What You Need to Know About the New Reforms

The Scientific Research and Experimental Development (SR&ED) tax incentive program has long been a cornerstone of Canada’s innovation strategy, supporting over 22,000 businesses annually. Recent reforms announced in the 2024 Fall Economic Statement are set to make this program even more impactful for Canadian businesses. Let’s break down what’s new and how these changes could […]

Why SR&ED is a Game-Changer for Startups in Alberta

One of the biggest challenges faced by startups is securing adequate funding to facilitate innovation and growth. Contrary to common belief, startups don’t require a dedicated research team to claim Scientific Research & Experimental Development (SR&ED) tax credits. Obtaining these tax credits can allow a startup to reinvest some of their previous R&D costs and […]

Hassle-Free Innovation Funding: The Power of SR&ED Tax Credits for Software Companies

Did you know that innovation funding, such as the Scientific Research and Experimental Development(SR&ED) Tax Credit program, allows you to claim tax credits for innovation, covering up to one-third of your payroll expenses? This unique advantage can be a game-changer for software companies, providing tax relief for continuous research and development. Annually, the program distributes […]

Top 5 Trends & Predictions in Business Funding: What’s Next for Canada?

As we look ahead, the landscape of business funding in Canada is poised for a significant transformation. It is crucial for businesses seeking to maximize their funding opportunities to stay ahead of the curve and form adaptive financial strategies. In this article, we’ll explore the key business funding trends and predictions to help you prepare […]