Agriculture Roundup for Tuesday March 3, 2020
Saskatchewan producers can take advantage of tax incentives while supporting agriculture research.
The annual Scientific Research and Experimental Development (SR&ED) credit is a federal government program that encourages research by providing tax-based incentives.
By using levy contributions to finance research and development work that benefits wheat, barley, pulse and canola producers, commodity groups are able to participate in the program and distribute tax-based incentives to producers.
The program gives registered producers access to tax credits, by means of cash refunds or a reduction to taxes payable, for their levy contributions that are spent on qualifying research.


