# SR&ED tax incentive

> The federal tax credit for experimental development, at a 15% basic rate or 35% enhanced.

- Type: Tax credit
- Delivered by: Canada Revenue Agency
- What it covers: Experimental development where the technical outcome is uncertain
- Amount: 15% basic credit, 35% enhanced
- Conditions: Some corporations get the enhanced rate, and some get it as a refund
- Where: Canada-wide
- Status: Open (checked on October 15, 2026)
- Official page: https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program/what-are-sred-tax-incentives.html

## Who it is for

Applies when you are building something technically new. Configuring existing AI tools does not qualify.

## Common questions

### Is SR&ED tax incentive a grant?

No. It is a tax credit that you claim on your return.

### Is SR&ED tax incentive open now?

Status when we checked on October 15, 2026: Open. Confirm the status on the official page before you make plans.

### Who delivers SR&ED tax incentive?

Canada Revenue Agency delivers the program.

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We checked these facts against official program pages on October 15, 2026. Only programs with the type "Grant" are grants. You repay a loan or a repayable contribution. Each program decides eligibility and approval. CanTransform is based in Toronto and is not affiliated with any government. Contact: https://cantransform.ca/contact/