Scaling R&D with Canada’s Largest Tech Ecosystem.
🔬 SR&ED Expert Insight:Halifax is the heart of the Blue Economy, where Ocean Technology and Cybersecurity drive Atlantic prosperity. Scaling a maritime tech company is hardware-intensive, and the 2026 restoration of capital expenditure eligibility makes your marine robotics and lab gear massive tax-saving assets. GrowWise helps Nova Scotia’s innovators maximize cash flow with SR&ED tax credits. We understand the Atlantic R&D landscape and make it easy for you to capture the capital needed to lead the East-Coast race.
(Including 55% Proxy Boost)
In 2026, the Nova Scotia R&D tax landscape remains one of the most straightforward and supportive in Atlantic Canada. At GrowWise, we help Halifax-based firms in OceanTech, Life Sciences, and Cybersecurity maximize this provincial incentive to extend their technical runway.
This is the primary provincial mechanism for supporting innovation, directly mirroring the federal SR&ED eligibility criteria to simplify the claiming process.
The Benefit: A 15% refundable tax credit on qualified R&D expenditures.
Refundable Status: This credit is fully refundable for all eligible corporations with a permanent establishment in Nova Scotia. This means you receive a cash refund regardless of your company’s profitability or size.
Halifax Context: For a marine robotics startup at COVE or a biotech firm in The Labs at Invest Nova Scotia, this 15% credit provides a powerful boost on top of federal incentives, specifically rewarding the high-risk “trial and error” performed within the province.
Simplified Access: Because the program is administered by the CRA and uses the same “Scientific Research and Experimental Development” definitions as the federal program, your documentation for one automatically supports the other.
Flexibility: The credit applies to the same pool of eligible costs—including R&D wages, materials, and overheads—ensuring that Halifax’s specialized talent remains an affordable, high-value asset.
