The State of SR&ED in 2026

Bar chart showing total CRA-approved SR&ED investment tax credits (ITCs) growing from $3.3 billion in 2021 to $4.6 billion in 2026

CRA’s newest SR&ED statistics show a record year for claims and credits, but five years of data reveal a program that’s changed underneath the surface. Here’s what it means for your claim in 2026.