Support for Business R&D in Budget 2012: Two Steps Forward and One Back

John Lester
The federal budget contains some sensible changes to the SR&ED investment tax credit, but the decision to reduce support for large firms to provide additional support for small firms is a step in the wrong direction. The Jenkins Panel* expressed concern about excessive subsidization of small and medium-sized firms and recommended cutting back on the enhanced SR&ED credit in order to finance more targeted support for these firms. Following that advice would have improved the...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.