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RD Action Consultant > Blog > News about R&D > The 2017 Federal Budget
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The 2017 Federal Budget

News about R&D22Mar2017No Comment

SR & ED in the 2017 Federal Budget

The 2017 Federal budget talks a lot about innovation but says very little about the SR & ED tax credits program. On the other hand, the mention is important, since it initiates a review of the Federal innovation support programs, including SR & ED. Targets or deadlines are not specified.

Therefore,  there will be a committee, a selection of members of this committee, coast-to-coast consultations and a report before the government announces, perhaps in a future budget, a more or less profound revision of these programs.

« This review of innovation  and SR & ED programs could be included in the March 2019 federal budget »
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Based on the relatively recent experience of the previous comitee mandated to review the Federal support programs for innovation (the Jenkins committee), we can anticipate changes in two years. In other words, we will see the new  Federal government position around March 2019.

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Michel Rheault, M.Sc.

President, R&D Action. ------ Notre équipe est formée de spécialistes fiscaux, scientifiques et techniques qui comprennent les nuances du programme et de votre R & D. Nous travaillons avec votre équipe pour identifier et définir les projets éligibles de RS & DE, pour préparer un dossier clair et précis et pour le défendre, le cas échéant. ------------------------------------------------------ Our team is made up of tax, scientific and technical specialists who understand the nuances of the program and your R & D.. We work with your team to identify and define eligible SR & ED projects, to prepare a clear and accurate record and to defend it, when necessary.

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