Symbol of the Government of Canada

Common menu bar links

Canadian Federation of Independent Business

Submission — Canadian Federation of Independent Business

Important note: The content of submissions and summaries is the sole responsibility of the person and / or organization having made a submission. The posting of this content does not indicate that the Panel supports or endorses it. Submissions and summaries are posted in the language provided without modification.

Submitter(s): Pohlmann, Corinne

Summary: R&D among smaller firms can come in many forms and will continue to be difficult to accurately measure. As a result, Federal support should first focus on lowering the overall tax and red tape burden, and then consider improvements to other tax measures such as accelerated CCA rates and SRED tax credits as a means of supporting R&D investments. SRED is of great value to many firms, including many smaller firms, but is in need of some improvements to make it an even more effective tool in supporting R&D investment in smaller companies. Improvements should include ways to clarify and broaden the scope of what government means by "development", simplify the application process, be more consistent in its decisions, and look at modifying some of the current rules associated with SRED.

Full submission: PDF Version