Scientific Research and Experimental Development (SR&ED) Tax Credits

The Scientific Research and Experimental Development (SR&ED) program is a federal/provincial tax incentive program to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada that will lead to new, improved, or technologically advanced products or processes. The SR&ED program is the largest single source of federal government support for industrial research and development.

The company does not have to be profitable to qualify for the SR&ED program.

The activity does not have to be successful to qualify for the SR&ED program.