Unlocking Innovation with SR&ED in Canada: How LFG Partners Helps You Maximize R&D Incentives

Unlocking Innovation with SR&ED in Canada: How LFG Partners Helps You Maximize R&D Incentives

At LFG Partners, we believe innovation is the engine that drives business forward—and in Canada, the Scientific Research and Experimental Development (SR&ED) program is one of the most powerful tools available to fuel that engine. Yet despite being one of the most generous tax incentive programs in the world, SR&ED remains underutilized and misunderstood by many Canadian businesses. We’re here to change that.

What Is SR&ED?

The SR&ED program is a federal tax incentive initiative administered by the Canada Revenue Agency (CRA) to encourage Canadian businesses to conduct research and development (R&D). Whether you're creating a new product, improving an existing process, or experimenting with innovative technologies, the SR&ED program could offer you refundable tax credits and deductions that can significantly reduce your R&D costs.

But navigating SR&ED claims isn’t straightforward. That’s where we come in.

Why LFG Partners?

At LFG Partners, we specialize in helping companies identify eligible R&D activities, quantify their expenditures, and maximize their claims—all while ensuring full compliance with CRA requirements. Our role is not just to help you apply; it’s to strategically position your innovation efforts for sustainable growth, higher profitability, and long-term tax efficiency.

We don’t just tick boxes. We dig deep, understand your business, and uncover hidden R&D efforts that even your internal teams may not recognize as eligible.

SR&ED Is Not Just for Labs

One of the biggest misconceptions we help dispel is that SR&ED is only for high-tech or pharmaceutical companies. In reality, eligible activities exist in manufacturing, agriculture, software development, clean tech, automotive, and many other industries.

We work with a wide range of sectors to ensure businesses of all sizes—from startups to large corporations—leverage the full potential of SR&ED. In fact, many of our clients initially didn’t think they qualified until we stepped in and transformed everyday problem-solving into eligible R&D claims.

Our Process: Precision Meets Performance

We follow a tailored, five-step process to ensure SR&ED success:

1. Discovery & Assessment – We begin with a comprehensive evaluation of your projects to identify SR&ED eligibility.

2. Technical Narrative Development – Our experts craft compelling, CRA-compliant technical narratives that highlight the scientific or technological uncertainty you’ve addressed.

3. Financial Documentation – We calculate qualifying expenditures and ensure all records are audit-ready.

4. Claim Submission – We work closely with your accountants or submit on your behalf, ensuring everything is accurate and submitted on time.

5. Ongoing Advisory & Audit Support – Should the CRA come calling, we’ve got your back with full audit defense and expert guidance.

Why Acting Now Matters

The SR&ED claim window is limited to 18 months after the end of your fiscal year. That means the clock is ticking on potential credits you may already be eligible for—but haven’t yet claimed.

We regularly work with companies to retroactively file claims for previous fiscal years. If you’ve been innovating without support, now’s the time to bring us in and recover those investments.

Going Beyond SR&ED: Integrated R&D Tax Strategy

While SR&ED is a cornerstone, we go further. At LFG Partners, we take a holistic view of your innovation portfolio. That includes identifying provincial R&D incentives, innovation funding, and other government grants that can work in tandem with SR&ED to create an integrated financial strategy for innovation.

Real Results, Real Impact

Our clients have received millions in combined tax credits, enabling them to reinvest in their operations, hire more staff, and bring new technologies to market. From reducing your burn rate to accelerating your product roadmap, the financial impact of SR&ED—when done right—can be transformative.

Let’s Turn Your Innovation Into Opportunity

If your company is solving problems, developing new processes, or experimenting with technology, you're probably doing SR&ED work—whether you realize it or not.

Let us show you how to turn your innovation into opportunity. At LFG Partners, we’re not just SR&ED consultants—we’re your partners in growth.

Contact us today to learn how we can help you unlock the full potential of the SR&ED program and set your business up for long-term success.