The Ryan Talks Tax Podcast is designed to keep you up to date on the latest developments in Canadian tax and government funding initiatives. Listen to our experts discuss emerging issues, significant legislative changes, and recent government announcements.In Episode 24, we review the benefits of Canada’s Scientific Research and Experimental Development (SR&ED) Tax Credit. David Douglas, Brian Cardinal, and Jeffrey Stewart join us to dispel numerous myths about the SR&ED program, from the belief that a company must revolutionize its industry to qualify to the notion that only successful and complete projects are eligible for the tax credit. Common misconceptions regarding the impact of multiple ongoing projects and other forms of government funding on eligibility, as well as how the program is administered, are also tackled. In debunking the myths, our guests provide valuable insight and clarity on the true eligibility criteria and operation of this successful innovation funding program.