The Government of Canada is committed to supporting the creation of new companies and the investment in existing businesses through measures, such as low corporate tax rates and federal tax credits. Federal tax credits for investing in Canada are the most favorable tax deductions for Scientific Research and Experimental Development (SR&ED) expenditures in the world. SR&ED is defined as a "systematic investigation or search carried out in a field of science or technology by the means of experiment or analysis".
SR&ED |
SRED |
SR ED
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