Yearly
60,000 R&D
Projects
20,000
Claims
$3B
What Can You Recover?
Up to 69% of eligible R&D expenses (depending on your province) may be refunded from CRA. Eligible expenditures include salaries, sub-contractor fees and materials.
Estimated Returns
CCPC
Canadian Controlled Private
Corporation
(Most tech start-ups fall in this category)
Non-CCPC
Businesses controlled by non
Canadian residents or controlled
by public corporations
Maximum Eligible Return Rates
*Total Refundable and Non refundable amounts vary from province to province
 Salaries |
69% | 43% |
 Sub Contractor Fees |
36% | 22% |
Materials consumed or transformed
|
42% | 28% |
| Refundable ITC’s |  |
*Quebec offers 14% refundable |
Applicable Industries
Innovation knows no bounds.
Businesses across many industries qualify for the SR&ED program, including the ones below. However, the nature of the R&D work you do is more relevant than your business sector when determining eligibility for the program.
"Flow Ventures is the SR&ED consulting firm every company should be working with. Their SR&ED evidence gathering process ensures our SR&ED claims are beyond reproach. We received a 10X larger credit than with our previous provider and received our return in under 3 weeks. Beyond SR&ED, the Flow team uses their knowledge and network help us access other resources such as grants and customers. I highly recommend their work.”"
