Equipment manufacturers in Canada aren’t using the SR&ED tax credit nearly as much as they should. Why? The answer comes down to the difference between an “intuition” and a “hypothesis.”
Topic: business expenditures on research and development
Business in-house R&D spending totalled $16 billion in 2013, $700 million lower than pre-recession levels in 2007 as increases by resources-based firms failed to offset major declines in R&D outlays by Ontario-based manufacturers, according to a new report from Statistics Canada.