{"id":4026,"date":"2026-02-25T04:00:41","date_gmt":"2026-02-25T09:00:41","guid":{"rendered":"https:\/\/cpp.hec.ca\/en\/?p=4026"},"modified":"2026-02-20T10:17:01","modified_gmt":"2026-02-20T15:17:01","slug":"4026-2","status":"publish","type":"post","link":"https:\/\/cpp.hec.ca\/en\/4026-2\/","title":{"rendered":"Tax credit for research, innovation, and commercialization: A costly tax reform with uncertain effectiveness"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p><strong>Montreal, February 25, 2026<\/strong> \u2013 Less than a year after the Quebec government undertook a reform of its innovation support strategy, a <a href=\"http:\/\/cpp.hec.ca\/en\/wp-content\/uploads\/sites\/2\/2026\/02\/PP-2025-04_ANG.pdf\">new study by the Centre for Productivity and Prosperity \u2013 Walter J. Somers Foundation (CPP)<\/a> concludes that changes to the tax system supporting scientific research and experimental development (SR&amp;ED) are likely to significantly increase its budgetary cost without stimulating private research intensity.<\/p>\n<p>&#8220;Despite its efforts to renew itself, the government is attempting to revive innovation among Quebec businesses by relying on an instrument designed more than 40 years ago,&#8221; observes Robert Gagn\u00e9, Director of the CPP. &#8220;However, the SR&amp;ED tax support system has clearly reached its limits. By increasing the tax assistance offered to large companies, the new credit will undoubtedly increase public spending, but there is no indication that this increase will translate into additional SR&amp;ED efforts where the benefits are expected. In fact, international analyses even suggest the opposite phenomenon.&#8221;<\/p>\n<\/div><div ><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" target=\"_self\" href=\"http:\/\/cpp.hec.ca\/en\/wp-content\/uploads\/sites\/2\/2026\/02\/Communique_PP-2025-04_ANG.pdf\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">Read press release<\/span><\/a><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":4032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,17],"tags":[],"class_list":["post-4026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-room","category-press-releases"],"_links":{"self":[{"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/posts\/4026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/comments?post=4026"}],"version-history":[{"count":7,"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/posts\/4026\/revisions"}],"predecessor-version":[{"id":4045,"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/posts\/4026\/revisions\/4045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/media\/4032"}],"wp:attachment":[{"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/media?parent=4026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/categories?post=4026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpp.hec.ca\/en\/wp-json\/wp\/v2\/tags?post=4026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}