Funding
Research, Innovation and Commercialization Tax Credit
Recover up to 30% of eligible R&D salaries as a refundable credit, with no application deadline.
Always openNo deadline — accepted year-roundDetails verified
Sample record. Every amount, date and eligibility rule on this page is invented so the template can be reviewed — nothing here is real funding information.
A refundable tax credit for corporations carrying out research and development work in Québec. It is claimed against eligible salaries paid to employees performing R&D, and because it is refundable it pays out even in a loss year — which makes it one of the few programs that reaches pre-revenue companies.
What it covers
- Salaries and wages of employees performing R&D in Québec
- A portion of subcontracted research carried out by an eligible institution
- Consumable materials used in experimentation
Who can apply
- Business size: Small and medium, Large.
- Stage: Generating revenue, Growing, Established.
- Legal structure: Incorporated.
- Region: Quebec.
How to apply
- 1Confirm the work meets the definition of experimental development before the fiscal year ends
- 2Document the technological uncertainty and the work done to resolve it as you go
- 3File the credit with your corporate return within 18 months of your fiscal year end
Worth knowing
Claims are filed with your annual return rather than through a separate application window, which is why no closing date is listed.
