What is Ontario SR&ED Provincial Tax Credit?
Ontario SR&ED Provincial Tax Credit is delivered by Government of Ontario / CRA as a tax credit. Funding is typically oITC 8% refundable (qualifying corporations, on up to $3M of Ontario SR&ED expenditures, max $240,000 per year) + ORDTC 3.5% non-refundable. This page covers eligibility, intake status, and what an application actually requires.
At a glance
| Funding amount | OITC 8% refundable (qualifying corporations, on up to $3M of Ontario SR&ED expenditures, max $240,000 per year) + ORDTC 3.5% non-refundable |
|---|---|
| Cost share | 0% |
| Level | Provincial |
| Program type | Tax Credit |
| Delivered by | Government of Ontario / CRA |
| Available in | ON |
| Intake status | Open - claim on Ontario tax return |
| Last verified | 2026-10-05 |
Who qualifies
- Eligible industries: All industries with R&D activity in Ontario
- Eligible activities: Same activities as federal SR&ED; Ontario-based R&D work
Watch out for
Non-R&D activities; outside Ontario
Deadlines & how to apply
2026 Ontario Budget (March 26, 2026) made no changes to Ontario SR&ED credits. OITC: 8% refundable on up to $3M of qualified expenditures (max $240,000); limit phases out when prior-year taxable income exceeds $500K (eliminated at $800K) or prior-year taxable capital exceeds $25M (eliminated at $50M); Schedule 566. ORDTC: 3.5% non-refundable, 3-year carryback, 20-year carryforward; Schedule 508. OBRITC: 20% refundable on eligible research-institute contracts. Ontario has not adopted the federal $6M expenditure limit.
How NorthGrants helps with Ontario SR&ED Provincial Tax Credit
Most business owners read about Ontario SR&ED Provincial Tax Credit, see the funding amount, and stop. The hard part isn't finding the grant. It's building a complete application that answers what the program asks for.
NorthGrants builds the full application framework for you: a tailored project narrative aligned to this program's evaluation criteria, a budget structure that maps to eligible costs, and the supporting documentation checklist. You review it, refine the parts only you can write, and submit.