if your last claim was before April 2026, read this —
The biggest SR&ED expansion in a decade
Bill C-15 changed the rules. Here’s what it means for you.
Limit doubled. Capital expenses back. Pre-claim approval live. A new class for Canadian public corporations. The reforms reopened a market segment that was partly dormant for ten years.
What changed
Expenditure limit doubled
Maximum refundable ITC rises from $1.05M to $2.1M per year for CCPCs at the full 35% enhanced rate.
Phase-out band widened
Growing companies stay inside the enhanced 35% rate far longer as their taxable capital climbs.
Capital expenditures eligible again
First time since 2014 — for property acquired or leased on or after Dec 16, 2024. Disproportionately helps O&G, manufacturing, food processing.
New public-corporation class
Eligible Canadian Public Corporations can now access the enhanced 35% rate on up to $6M of qualifying R&D spend.
In Alberta · on top of the federal credit
Alberta’s Innovation Employment Grant adds 8%–20% on up to $4M of R&D a year, stacked on the federal credit — so an Alberta claim can combine the federal 35% enhanced rate with the provincial grant. Made permanent in the 2025 Alberta budget. Most provinces add their own R&D incentive on top of the federal credit — we’ll flag yours.
Sources: Parliament of Canada — Bill C-15 royal assent; Finance Canada — Budget 2025 implementation; CRA — pre-claim approval; Alberta.ca — Innovation Employment Grant.
Recovery calculator · rough estimate
Estimated annual recovery
~$193K
This is an estimate. The real one comes from a conversation with Amin.
Book the 30-min call →Who benefits most
- O&G, manufacturing, food processing — capital reinstatement reopens a decade of eligible spend.
- Growing tech, $20M–$50M revenue — back inside the enhanced band thanks to the wider phase-out.
- First-time claimants — pre-claim approval removes the fear of documenting for nothing.
What to do this quarter
- 1. Pull any capital purchases or leases since Dec 16, 2024.
- 2. List the projects where the outcome was genuinely uncertain.
- 3. Book a 30-minute call to see how the changes apply to you.