What is the Government's Role in R&D?

The Government of Canada recognizes the vital role innovation plays in achieving Canada's social and economic goals, and contributing to the well being of Canadians. Innovation's benefits extend far beyond the success of individual companies.

The challenges facing innovative Canadian companies include the need to ensure that they have secure funding partners who understand research and development (R&D) timelines and remain committed through the long term.

The Government of Canada helps to facilitate the innovation process through various programs, including tax credits for scientific research and experimental development (SR&ED). Repayable R&D contributions programs such as the Strategic Aerospace and Defence Initiative operated by the Industrial Technologies Office can effectively multiply investments and the benefits they generate by leveraging private sector contributions and attracting foreign investors to Canada.