Pioneer Development Corporation is a Canadian Professional Services firm and Technology Consultant with specialist expertise in all aspects of planning, preparing and defending Scientific Research and Experimental Development (SR&ED) tax credit claims.
We offer a unique start to finish consulting model ensuring that our clients receive guidance and implementation services throughout the year. Our multi-disciplined team of engineers and accountants, make sure that your SR&ED claim is thoroughly planned and executed, resulting in maximized claims being awarded.
We normally work in concert with our client's existing accountants, and provide all the necessary tax forms and technical reports in both hard copy and electronic format using the same software your accountant uses, eliminating the need for duplication of work.
Services are recognized by CRA and our clients alike for our successful track record in a variety of sectors such as General Manufacturing, Automotive, Defense, Agriculture, Chemical Oil & Gas, Biotechnology and various other industries.
Your organization may be eligible for SR&ED tax credit refunds, let’s see if you do!
Already making SR&ED claims? Let’s determine if you’re getting the credit you deserve!
The amount of your SR&ED Tax Benefit can be affected by a number of factors such as your taxable income, your corporate structure and the location(s) of your corporation. See the following information to compare the different recovery rates based on location.
The Government of Canada has been issuing tax credits for SR&ED activities since 1977, but the present version of the federal program that includes cash refunds for Canadian Controlled Private Corporations was established on May 24th 1985.
The original T661 form for claiming “R&D” was only two pages with a two page guide that cited only the Income Tax Act. The meaning of “Scientific Research” came from a five page Revenue Canada bulletin (IT-439) dated September 1979. This was expanded to the less restrictive meaning of “Scientific Research & Experimental Development” in IC 86-4 information circular during 1986. After 1988, the various forms and guides began to use the acronym “SR&ED” as the program moved away from traditional concepts of R&D towards the practical intent of parliamentarians: new industrial products and processes.
A major change in administration of the program came after a conference with industry trade associations and the Revenue Minister (Herb Dhaliwal) on June 26th 1998. This led to a separate directorate for SR&ED within the CRA and improved public relations. Industry lobby groups have had a significant impact on the evolution of the program and eligibility rules.
Prior to 1961 no tax credits existed, but SR&ED current expenditures could be deducted in the year incurred and capital costs could be deducted over a three year period. From 1962 to 1966, the Government of Canada made capital expenditures fully deductible in the first year and added an additional tax deduction of 50% in excess of the base level.
From 1966 to 1975, SR&ED was encouraged through grants under the Industrial Research and Development Incentives Act (IRDIA) and was administered through the Department of Industry, Trade and Commerce.
The Investment Tax Credits available through the Federal tax system were first extended to SR&ED activities in March of 1977. Modest credits of 5% to 10% were increased over the years based on regions and corporate structure to a maximum of 35% after 1985.
Pioneer Development Corporation is a leader in the Scientific Research & Experimental Development (SR&ED) consulting field. We are the only SR&ED consulting firm that is uniquely positioned to support our clients’ entire innovation cycle with additional services such as our Virtual Factory Service and our Innovation Factory Service.
Pioneers technical and financial experts are not only educated in relevant fields of science or engineering, but also have many years of experience working in their chosen field. We understand your industry and can quickly identify eligible activities and costs for SR&ED claims. Our technical experts will document and prepare all the necessary technical and financial documentation required to maximize your SR&ED claim. In addition to SR&ED expertise, our talented engineering staff is able to identify product and process issues that limit profit and quality performance and then deliver practical solutions that generate significant and sustainable financial returns.
Find valuable Information on SR&ED and IRAP programs and other useful links below. If you have questions or would like more information, please contact us at 705-727-9067. We look forward to helping you with your innovation efforts.
This is the main Scientific Research and Experimental Development web resource at the Canada Revenue Agency.
This is a federal government page that links to the various provincial sites that deal with R & D funding.
The NRC Industrial Research Assistance Program (NRC-IRAP) provides a range of both technical and business advisory services along with potential financial support to growth-oriented Canadian small - and medium-sized enterprises.
The Canada Foundation for Innovation is an corporation created by the Government of Canada to fund research infrastructure. Their mandate is to strengthen the capacity of Canadian universities, colleges, research hospitals, and non-profit research institutions to carry out world-class research and technology development that benefits Canadians.
NSERC helps Canadian companies compete by jointly funding collaborative R&D projects with scientists and engineers in universities across the country.
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 66.4% | 44.8% |
Materials | 41.5% | 28.0% |
Subcontractors | 33.2% | 22.4% |
Capital | 41.5% | 28.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 66.4% | 44.8% |
Materials | 41.5% | 28.0% |
Subcontractors | 33.2% | 22.4% |
Capital | 41.5% | 28.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 76.8% | 57.6% |
Materials | 48.0% | 36.0% |
Subcontractors | 38.4% | 28.8% |
Capital | 48.0% | 36.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 71.6% | 51.2% |
Materials | 44.8% | 32.0% |
Subcontractors | 35.8% | 25.6% |
Capital | 44.8% | 32.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 71.6% | 51.2% |
Materials | 44.8% | 32.0% |
Subcontractors | 35.8% | 25.6% |
Capital | 44.8% | 32.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 56.0% | 32.0% |
Materials | 35.0% | 20.0% |
Subcontractors | 28.0% | 16.0% |
Capital | 35.0% | 20.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 71.6% | 51.2% |
Materials | 44.8% | 32.0% |
Subcontractors | 35.8% | 25.6% |
Capital | 44.8% | 32.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 56.0% | 32.0% |
Materials | 35.0% | 20.0% |
Subcontractors | 28.0% | 16.0% |
Capital | 35.0% | 20.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit | Other Entities Within Expenditure Limit |
Labour | 70.6% | 37.8% | 50.0% |
Materials | 44.1% | 23.6% | 31.2% |
Subcontractors | 35.3% | 18.9% | 25.0% |
Capital | 40.4% | 23.6% | 26.7% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 56.0% | 32.0% |
Materials | 35.0% | 20.0% |
Subcontractors | 28.0% | 16.0% |
Capital | 35.0% | 20.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit | Other Entities Within Expenditure Limit |
Labour | 80.4% | 46.0% | 46.0% |
Materials | 35.0% | 20.0% | 20.0% |
Subcontractors | 37.8% | 21.6% | 21.6% |
Capital | 35.0% | 20.0% | 20.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 71.6% | 51.2% |
Materials | 44.8% | 32.0% |
Subcontractors | 35.8% | 25.6% |
Capital | 44.8% | 32.0% |
Type of Expense | Qualified CCPCs | Other Entities Who Exceed Expenditure Limit |
Labour | 71.6% | 51.2% |
Materials | 44.8% | 32.0% |
Subcontractors | 35.8% | 25.6% |
Capital | 44.8% | 32.0% |