Experimental development Work undertaken for the purpose of achieving technological advancement for the purpose of creating new, or improving existing, materials, devices, products or processes, including incremental improvements More than 85% of SR&ED claims fall under experimental development Applied research Work undertaken for the advancement of scientific knowledge with a specific practical..

How A systematic investigation or search that is carried out in a field of science or technology by means of experiment or analysis Why To advance scientific knowledge through basic or applied research or achieve technological advancement through experimental development

$3 billion in investment tax credits provided every year 60,000 R&D projects 20,000 claims 30% of claims are selected for review or advisory services 90% of claims are accepted with little or no change