Federal tax incentive for eligible scientific research and experimental development in Canada. Canadian-controlled private corporations get an enhanced refundable credit up to a spending limit.
Credit rates confirmed on a Finance Canada page; the current spending limit should be confirmed on the CRA page.
| Terms | 35% refundable credit on qualifying spend up to the limit for CCPCs; 15% non-refundable otherwise (limits were raised in recent reforms) |
|---|---|
| Stage | Any company with eligible R&D, including pre-revenue |
| Region | Canada-wide |
| Official site | https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program.html |
Confirm current terms and intake dates on the official site.