RE:RE:RE:Latest video interviewSR&ED tax credits are refundable tax credits up 35% I believe, so even if the company doesn't earn money, 35% of R&D costs are credited to the company to help pay for the expenses. Therefore lowering the cost. You can check out the Revenue Canada website for more info. https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program.html