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CME kicks off SR&ED reforms advocacy efforts with successful day in Ottawa

Published by Stefi Proulx on February 07, 2018

OTTAWA (February 7, 2018) – Canadian Manufacturers & Exporters (CME) representatives today met with government officials in Ottawa in the context of the review of the Scientific Research and Experimental Development (SR&ED) program. The objective of these meetings was to consult with decision-makers on possible improvements to government support initiatives for research and innovation.  

CME is conducting extensive research into the federal SR&ED program and how it can be leveraged to boost the creation and adoption of innovative technologies, advanced manufacturing processes and new product commercialization in the manufacturing sector. In addition to consultations with officials, CME gathered input from members through an online survey and in-person roundtable events across the country. After a thorough review of the findings, CME will issue specific recommendations to improve the program.

In Industrie 2030, CME’s comprehensive and ambitious plan to double manufacturing exports by 2030, the overhaul and modernization of the SR&ED program was identified as a priority to bridge the gap in supporting manufacturing innovation, commercialization and product development. In Budget 2017, the federal government announced it would review the program, as was recommended by CME.

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About the Canadian Manufacturers & Exporters:

Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and thrive around the world. In 2016, CME released Industrie 2030 - a roadmap for doubling Canadian manufacturing activity by 2030. Our focus is to ensure the sector is dynamic, profitable, productive, innovative and growing. We aim to do this by strengthening the labour force, accelerating the adoption of advanced technology, supporting product commercialization, expanding marketplaces and, most importantly, ensuring a globally-competitive business environment. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada's exports.

For more information, please contact:

Stefi Proulx
Senior Communications Advisor
Canadian Manufacturers and Exporters
613-292-6070
stefi.proulx@cme-mec.ca

 

Found in: sr&ed innovation

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