About This Event

This 60-minute webinar will walk companies through what changed in Scientific Research and Experimental Development tax credits (SR&ED) now that the federal budget has received Royal Assent. Our guest speakers, tax and funding experts from Ryan, will cover what this change means for your projects and cash flow, and help you understand the impact to your business.

Objectives

By the end of the webinar, participants should be able to:

• Identify the key SR&ED legislative and administrative changes triggered when the budget receives Royal Assent.

• Understand how those changes affect eligibility, rates, and documentation for typical life sciences R&D projects.

• Adjust their year end and multi year non dilutive funding strategy in light of the new rules.

• Know the immediate action items for claims in the current and next fiscal year.

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Agenda (60 minutes)

1. Welcome and context (5 min)

• Brief intro from Life Sciences Nova Scotia and PEI BioAlliance on why SR&ED matters locally.

• Introduce Ryan and experience with SR&ED and life sciences clients.

2. Refresher on SR&ED (15 min)

• Overview of SR&ED basics: purpose, federal vs provincial mechanics, credit rates.

• Typical life sciences claim structure: eligible work, expenditures, and documentation.

• Common pitfalls and misconceptions before the legislative changes.

3. What just changed in SR&ED? (10 min)

• Key measures triggered by Royal Assent.

• Updates to eligibility, expenditure rules, and administrative requirements.

4. Implications for life sciences companies (10 min)

• How new rules affect various R&D types: clinical/pre clinical, digital health, AI/ML, and manufacturing scale up.

• Sample financial impacts comparing old vs new credit outcomes.

• Coordination with IRAP, provincial programs, and grants.

5. Year end and planning checklist (10 min)

• Practical steps for current and next fiscal years.

• Handling projects spanning the change and maintaining compliant documentation.

• “Do and don’t” highlights for the next 6–12 months.

6. Q&A and next steps (20 min)

• Open Q&A with emphasis on submitted questions (e.g., clinical trials, CRA reviews, negative decisions).

• Invitation for attendees to book 1 on 1 follow up meetings via calendar link.

About the Organizers

Life Sciences Nova Scotia is a not-for-profit industry association focused on demonstrating the unique position and potential of Nova Scotia as a burgeoning life sciences region.

The PEI BioAlliance is a private sector led organization that coordinates and grows Prince Edward Island’s bioscience cluster and strengthens collaboration across Atlantic Canada’s life sciences ecosystem.

Ryan is a global tax services firm that helps life sciences and other companies unlock tax credits and non-dilutive funding through strategic, year-round support.

Registration is free and open until the event begins. Secure your spot today!