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WHAT IS SR&ED
SR&ED (Scientific Research and Experimental Development) Program is the flagship investment incentive program created by the Canadian government. It provides financial support to Canadian companies that are involved in creating new or improving existing technologies, with the aim of stimulating scientific advancement in the country.
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Most provinces have their own programs to encourage scientific R&D, which provide supplemental assistance to SR&ED claimants. As one of the best of its kind in the world, many countries have followed Canada’s lead in setting up similar programs.
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SR&ED AT A GLANCE
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Over $3 Billion paid out every year
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25,000 Companies Receive SR&ED Annually
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Established Since 1985
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