Uncertain economic times call for modernized federal SR&ED program, say lobbyists

Innovation advocates are eagerly awaiting a review intended to modernize the federal science research and development program, as promised in this year's federal budget.

Minister of Innovation François-Philippe Champagne announced more than $85-million for 76 grants through the College and Community Innovation program on Oct. 14, with the goal of supporting research and development at post-secondary educational institutions across Canada.The Hill Times photograph by Sam Garcia

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BY JESSE CNOCKAERT

October 17, 2022

Revised eligibility requirements and a simplified application process are among the big asks by advocates anticipating a review to modernize a major federal tax credit system supporting innovation. The Liberal government committed to undertaking a review of the government’s Scientific Research an...

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