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 innovation projects. As companies seek to leverage both programs, business leaders need to know what the differences between the two programs are.

In this presentation we explain how IRAP and SR&ED tax credits are different from one another.

IRAP-vs-SRED__by-RDP-Associates-Updated-