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Scientific Research and Experimental Development (SR&ED)
May 28, 2024
TMX Group
Governance, Investor relations
Why is SR&ED review so important for Canadian innovation companies?
The Scientific Research and Experimental Development (SR&ED) tax incentives are intended to encourage businesses to conduct research and development in Canada. However this incentive is currently only available to private companies.
The federal government announced a revision of the program to potentially include Publicly traded companies. With this announcement, we convened stakeholders who could benefit most from SR&ED incentives. We heard from the Council of Canadian Innovators | Conseil canadien des innovateurs' Dana O'Born on how major improvements to SR&ED could impact the productivity and prosperity of our economy.
Learn more here.