Canada’s planned overhaul of the Scientific Research and Experimental Development (SR&ED) program in 2025 marks one of the most significant updates to federal R&D support in years. By lifting the enhanced refundable credit ceiling to roughly six million dollars for qualifying firms, Ottawa signals a renewed intent to back early-stage growth. The reinstatement of capital expenditure eligibility for assets acquired after mid‑December 2024 may also change how young companies bud
