Back to Grants
NB

New Brunswick Research and Development Tax Credit

Provincial refundable tax credit for eligible R&D performed in New Brunswick.

About this program

The New Brunswick Research and Development Tax Credit supports corporations carrying out eligible scientific research and experimental development in New Brunswick through a provincial tax credit.

Eligibility

Eligible corporations with qualifying SR&ED expenditures incurred in New Brunswick.

Requirements

  • Claim eligible expenditures under provincial and federal tax rules
  • Maintain documentation supporting qualifying R&D work and costs