With Bill C-15 receiving Royal Assent, previously shared SR&ED program enhancements and the Clean economy investment tax credit (ITC) changes are now officially enacted. Read below for a a detailed summary these improvement, enhancements, and changes.
As Farmers and Ranchers seek improved crop yields and livestock practices through experimental means, there is often risk involved beyond what is routine. In these cases, it is possible that experimental farming practices qualify for Scientific Research and Experimental Development (SR&ED) incentives, eligibility for which is not always straight forward. This post explores some of the ways in which novel or experimental farming and ranching approaches can be eligible within the SR&ED eligibility criteria.
2025 marked one of the most consequential years for SR&ED in over a decade, particularly for Alberta-based innovators. Against a backdrop of economic resilience, major federal program changes, and rapid adoption of AI and clean technologies, Alberta companies faced both new opportunities and new complexities in how they plan, document, and defend SR&ED claims.
The proposed return of Capital, Lease, and Rental expense as eligible expenditures to the SR&ED program will have a tangible positive impact on Alberta innovators, particularly those doing field trials & pilot projects.
As companies tackle more ambitious projects, innovation in downhole tooling is essential to overcome extreme conditions and achieve operational success. This blog explores the complexities of developing downhole tools and how groundbreaking R&D can drive progress in the industry—potentially unlocking valuable funding opportunities like Scientific Research and Experimental Development (SR&ED) tax incentives.
As organizations increasingly explore the capabilities of large language models (LLMs) and Retrieval-Augmented Generation (RAG), the line between applied AI and true innovation becomes more critical—especially when considering eligibility for Scientific Research and Experimental Development (SR&ED) incentives.
The Federal Government has announced significant enhancements to the SR&ED program in it's 2024 Fall Economic Statement. An additional $1.6B in funding over six years along with enhanced eligibility and benefits.
In June of this year the Government of Canada approved and passed into law four new Clean Economy ITC's. The Clean Technology, Clean Technology Manufacturing, Clean Hydrogen, and Carbon Capture, Utilization and Storage (CCUS) ITC all provide refundable (cash) credits on qualifying expenditures to Canadian entities.
Research and development powers innovation. To stay competitive and meet Canada’s commitment to net-zero emissions, the energy industry needs to work together to mobilize at a pace never seen before and invest in the technologies that are paving a path forward.
Offsetting the cost of developing cybersecurity practices and IP protection.
Working together to advance our country to net zero
Agtech affects everyone and is inseparable from climate change
Stretching your studio’s dollars, even without an Interactive Digital Media Tax Credit (IDMTC)
Today, we're thrilled to announce our partnership with Foresight Canada to deepen our support for our clients in the cleantech space, and to reiterate our dedication to the future of cleantech in Canada.
It’s always a pleasure to reconnect with our partner CPA firms and forge new connections at the CPA Small Practitioners’ Forum in Banff, and the CPA Forum North in Jasper, organized by the Edmonton CPA Club.
Cybersecurity is a sector poised for explosive growth in the next few decades, in Alberta and worldwide. Security is (or should be!) a consideration that intersects with every project, and as such the field of computer security needs to innovate to produce answers that are required by other forward-thinking areas of ICT.
Though it has a new name and look, the exceptional value the company provides its clients has not changed. Copoint remains singularly focused on securing every dollar for which clients’ projects are eligible so that they can continue to invest in the innovation that drives us all forward.
Alberta’s life sciences and medical technology sector is a crucial (and sometimes underestimated) part of the provincial economy. Most companies are aware of Provincial and Federal innovation funding and support systems. When used wisely, these programs (especially SR&ED) can accelerate the R&D timeline to get these important advances to market sooner. However, even if your company is currently claiming SR&ED, there are many ways to strategically optimize your claim to get a higher return.
Rapid technological advancements coupled with a low-price environment has driven a wave of innovative, entrepreneurial companies seeking to improve the ROI for hydrocarbon production. There is unmet demand for E&P partners willing to trial unproven technologies, and many innovative oil and gas service companies regularly inquire to see if (and how) SR&ED tax incentives can be leveraged by E&P companies to offset financial risk and get their technology to field trial.
Book a call with Copoint advisors
If SR&ED is a headache for your organization, book a discovery call to see how we can help.
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