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Announcement: Division of Finance – BC Tech Affiliation

NextTechBy NextTechSeptember 26, 2025No Comments1 Min Read
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BC Tech welcomes the Division of Finance bulletins on 15 August 2025 about deliberate expansions to the SRED program. This system is a vital supply of non-dilutive funding for corporations who put money into innovation each within the tech sector and in wider trade.

The proposed enhance within the 35% refundable SRED restrict from $3M to $4.5M and the Canadian-controlled personal company capital cap from $50M to $75M might be welcome, as is the re-introduction of eligible capital expenditures which can encourage capital funding to assist SRED.

The proposed introduction of refundable SRED for qualifying public firms can also be welcome recognition that authorities helps Canadian corporations to develop and put money into operations in Canada whether or not or not they’ve had an IPO.

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