SR and ED eligibility

  For Canadian businesses investing in research and development, navigating funding options can be daunting. Many organizations fail to realize the government offers substantial financial incentives to promote technical advancement. SR&ED tax credits are among the most valuable programs available, rewarding companies for their experimental development and innovation efforts. Introduced by the Canada Revenue Agency (CRA), this initiative encourages both large and small businesses to invest in scientific and technological progress, regardless of industry. Companies involved in creating new products, improving existing systems, or resolving technical challenges may be eligible, even if their efforts don’t lead to commercial success. What Exactly Are SR&ED Tax Credits? The Scientific Research and Experimental Development (SR&ED) program is a federal tax incentive that provides refundable and non-refundable credits to businesses performing R&D activities in Canada. The ...

  Calgary is not only a hub for energy and resource-based industries but also a fast-growing center for technology, biotechnology, and environmental innovation. As companies develop new technologies or improve existing processes, they often engage in qualifying research and development work. SR&ED Consulting in Calgary can help ensure that eligible businesses fully access Canada's Scientific Research and Experimental Development (SR&ED) tax incentives. Navigating the SR&ED program can be a complex task for organizations focused on innovation. Understanding which activities qualify, how to document them, and how to file successfully can be overwhelming without expert help. Understanding the SR&ED Program The SR&ED program is a federal tax incentive initiative offered by the Canada Revenue Agency (CRA) to encourage businesses of all sizes and sectors to invest in R&D within Canada. This initiative provides tax credits and deductions for eligible experimental ...