The 2017 Federal budget talks a lot about innovation but says very little about the SR & ED tax credits program. On the other hand, the mention is important, since it initiates a review of the Federal innovation support programs, including SR & ED. Targets or deadlines are not specified.
Therefore, there will be a committee, a selection of members of this committee, coast-to-coast consultations and a report before the government announces, perhaps in a future budget, a more or less profound revision of these programs.
« This review of innovation and SR & ED programs could be included in the March 2019 federal budget »
Based on the relatively recent experience of the previous comitee mandated to review the Federal support programs for innovation (the Jenkins committee), we can anticipate changes in two years. In other words, we will see the new Federal government position around March 2019.