Copyright © 2013 TDMG Inc.
All rights reserved.
Industry Canada Online Services
Industry Canada provides a number of online services and resources for small businesses, including various databases, directories, financing programs, company capabilities, and other. The tools are aimed at both businesses and consumers and are worth taking a look at. Industry Canada website.
Canadian SR&ED Tax Incentive Program
The Canadian SR&ED (Scientific Research and Experimental Development) tax incentive
program. is administered by the Canadian government and encourages Canadian businesses
of all sizes and in all sectors to conduct R&D in Canada. It is the largest single
source of federal and provincial government support for industrial R&D. The SR&ED
program gives claimants cash refunds and/or tax credits for their expenditures on
eligible R&D work done in Canada. The program is an absolute must for any entity
conducting eligible R&D work in Canada. TDMG has undertaken a number of R&D programs
over time and the benefits of these tax incentives really do go a long way. The actual
incentives will depend on various parameters and in which province the R&D is conducted
(as each province has it’s own incentives), but the rates can be as high as 60%
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