SR&ED Capital Expenditures Are Back: What that Means for your Claim
For over a decade, capital expenditures were excluded from the SR&ED program, limiting claims largely to labour, materials and Canadian subcontract costs. With the enactment of Bill C-15, the Budget 2025 Implementation Act, No. 1, that position has now reversed. Capital costs have officially been reintroduced, allowing companies to once again claim certain equipment and […]
Budget 2025 SR&ED Changes: Where Things Stand Now
Back in November 2025, we covered the Budget 2025 and its ambitious suite of business tax changes, including historic upgrades to the SR&ED program and a range of incentives designed to boost innovation and investment in Canada. Since then, those proposals have been moving through the legislative process. The key vehicle for implementing these changes […]
If You’re Gearing up to Submit your SR&ED Claim, Here’s What you Need to Know
For many Canadian companies, SR&ED remains one of the most valuable sources of non-dilutive funding they’ll access all year. It’s also the easiest program to get wrong. If a SR&ED claim submission is on your horizon, here are a few critical things to keep in mind this year. 1. CRA Has Quietly Removed a Major […]
The Hidden Risk of Relying on Previous SR&ED Approvals
As Canadian companies gear up to submit their SR&ED claims by the end of June, experienced teams often make a risky assumption: that past success guarantees future approvals. “We’ve been approved every year, so we must be eligible.” “This project is basically the same as last year.” “We’ve already been through a successful CRA audit; […]
SR&ED Documentation Do’s and Don’ts
As the calendar year comes to a close, it also marks fiscal year-end for many Canadian companies. This is the point when teams begin preparing their upcoming SR&ED claims, pulling together technical narratives and financial support for work completed over the year. Having strong documentation habits in place before this process begins can significantly reduce […]
Why Great Projects Miss Out on Funding: The Most Common Pitfalls We See
Government funding can be a powerful tool for driving innovation, growth, and capacity-building but navigating the landscape isn’t always straightforward. We often see organizations with strong ideas and high-impact projects miss out on funding for reasons that are completely avoidable. In our work supporting clients across industries, we’ve identified a few recurring pitfalls that stand […]
Webinar Recap: Do you know where your SR&ED is at?
Yesterday, NorthBridge held a webinar for existing clients and contacts to provide key information on the status of SR&ED, review best documentation practices, and discuss funding stacking policies. As a recap, we discussed: The status of the SR&ED review proposed by the federal government in Budget 2022. With consultations currently underway, the review team will […]
Extended SR&ED Reporting Deadlines
The CRA has received a ministerial order under the Time Limits and Other Periods Act (COVID-19) to allow for the extension of Scientific Research and Experimental Development (SR&ED) claim deadlines for no more than six months starting from March 13, 2020, and not past December 31, 2020. The extension provides more time for claimants who […]
SR&ED for Physicians and Medical Professional Corporations
Canada is recognized as a world leader in healthcare and medicine with many ground-breaking discoveries under its belt. Formidable efforts by various parties in the medical sector including physicians, medical professional corporations (MPCs) and health care entities (HCEs) to perform intensive research in a wide range of critical fields—from cancer research to population health—have led […]
What Every Canadian Startup Needs to Know About Non-Dilutive Financing
When it comes to starting a Canadian business, especially one with expensive R&D aspirations such as those in the high tech industry, it’s of crucial importance that a startup leverages government funding to extend the runway of its venture. A startup that doesn’t capitalize on the wide range of government funding opportunities is putting itself […]