This federal program provides over $4 billion in tax credits every year, helping thousands of businesses—especially small and medium-sized enterprises—offset the high costs of innovation. Eligible expenses include wages, materials, and certain contractor costs.
For entrepreneurs, SR&ED can mean the difference between an idea staying on paper and becoming a market-ready product. By reducing financial risk, it allows businesses to invest more boldly in R&D and scale their impact.
Learn more: canada.ca
