{"id":3609,"date":"2026-04-23T14:58:12","date_gmt":"2026-04-23T14:58:12","guid":{"rendered":"https:\/\/leyton.majjane.agency\/ca\/article\/new-2026-sred-measures-for-the-mining-technology-sector\/"},"modified":"2026-07-26T17:04:05","modified_gmt":"2026-07-26T15:04:05","slug":"new-2026-sred-measures-for-the-mining-technology-sector","status":"publish","type":"article","link":"https:\/\/leyton.com\/ca\/en\/insights\/articles\/new-2026-sred-measures-for-the-mining-technology-sector\/","title":{"rendered":"New 2026 SR&ED measures for the mining technology sector"},"content":{"rendered":"

The Canadian mining sector<\/a><\/strong> is transforming. Automation, electrification, and real-time data integration are now driving the industry forward. For the companies developing this mining technology, the path to success requires high-risk experimentation and significant capital investment. Fortunately, the 2026 fiscal year introduces the most significant improvements to the Scientific Research and Experimental Development (SR&ED)<\/a><\/strong> program in over a decade.<\/p>\n

These changes reward the capital-heavy and engineering-intensive nature of mining technology.<\/p>\n

Maximize Your 2026 Funding with Three Key Changes<\/h2>\n

The federal government has overhauled the SR&ED framework <\/a><\/strong>to better support industrial innovation. If your company develops mining technology, these three updates will change your funding strategy:<\/p>\n

The $6M Expenditure Limit<\/h2>\n

The annual expenditure limit for the enhanced 35% refundable tax credit has doubled from $3 million to $6 million<\/strong>. This change allows mid-sized companies to recover up to $2.1 million annually in refundable federal credits. It aligns perfectly with the multi-year, high-cost development cycles typical of industrial hardware.<\/p>\n

Capital Expenditures Are Back<\/h2>\n

After an 11-year hiatus, capital expenditures (CAPEX) are now eligible again. For mining technology firms, this is a massive win. You can now generate tax credits from specialized drilling rigs, sensing hardware, pilot processing plants, and prototype machinery. If you acquire these assets for R&D, they no longer represent a total sunk cost.<\/p>\n

Faster Cash Flow with 90-Day Pre-Claim Approval<\/h2>\n

As of April 1, 2026, the Canada Revenue Agency (CRA) offers a voluntary Pre-claim approval process<\/strong>. This elective pathway allows you to secure technical validation before<\/em> you start your project. It cuts the traditional 180-day review cycle down to just 90 days. <\/p>\n

Your finance team can now plan with greater certainty<\/p>\n

Identifying “Hidden” Mining Technology R&D<\/h2>\n

Many mining technology companies underestimate their eligible work. SR&ED applies to any project facing “technological uncertainty”, a problem you cannot solve using current industry knowledge.<\/p>\n

We frequently identify eligible 2026 projects in these areas:<\/strong><\/p>\n

\n
\n
\n
\n