The SR&ED tax credit program is a powerful Canadian government incentive designed to support innovation by providing refundable and non-refundable tax credits for eligible R&D activities, including experimental development, applied research, and basic research. Eligible expenditures typically include salaries, subcontractor fees, materials, equipment, and overhead costs. Canadian-Controlled Private Corporations (CCPCs) can claim up to 35% federally on eligible expenditures up to $3 million, with additional provincial incentives—such as Quebec’s 74% rate—further enhancing refunds. Calculating SR&ED credits accurately is complex, requiring careful documentation, compliance with CRA guidelines, and strategic categorization of expenses. Emergex has over 30 years of experience helping Canadian businesses optimize their SR&ED claims, from initial project assessment and expense tracking to documentation, claim submission, and audit defense. By partnering with Emergex, companies can maximize their tax benefits, improve cash flow, and reinvest in innovation, while saving valuable time and minimizing the risk of audits or claim rejections.