SR&ED and IRAP are among the most popular and sought-after government funding programs in the Canadian innovation ecosystem. Both programs are federal and related to R&D activities with significant impact on the completion of new product development and...
Federal Government statistics released for the last four years confirm that the number of companies filing SRED claims has steadily decreased by over 15% from roughly 22,370 in 2014 down to 18,850 claims in 2018! Some people have attributed this to a decrease in...
When it comes to selecting a SR&ED consultant, the task is usually assigned to the CFO, or in smaller organizations, the owner. The selection process is typically based on receiving recommendations from a trusted friend or business associate. However, it is worth...
The SR&ED tax credit program is odd in that from a tax policy viewpoint it is an incentive program, nudging companies to carry out more R&D in Canada and develop innovative products and processes. However, because the program is administered by CRA, one must...
Dr. Joseph Cafazzo is a biomedical engineer, educator, and researcher. He is known for his work on the design of health technologies and how they facilitate patient self-care of complex chronic conditions. He has advised and conducted research for public sector policy...
When companies develop new products, be it software, machinery, consumer goods, or technology, it is not unusual for the corporation, particularly SMEs, to hire a contractor to perform some or all of the work. Historically, over 90% of the time, these corporations...
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