Skip to Content

Scientific Research and Experimental Development (SR&ED)
Tax Credit

Canola growers in Alberta that do not request a refund of their check off from the Alberta Canola Producers Commission qualify for a tax credit each year.

The Scientific Research and Experimental Development (SR&ED) tax credit allows canola growers to claim the tax credit for that portion of the check off paid that was used to fund qualifying research.

THE TAX CREDIT CAN:

  • offset federal taxes owing in the current year,
  • be received as a tax refund,
  • be carried forward up to 20 years to offset federal taxes owing, or
  • be carried back 3 years to reduce federal taxes paid in those years.

Individual producers must file a T2038 (IND). Farm corporations must file form T2SCH31.
For more information, contact the Canada Revenue Agency or your accountant.

Canola growers in Alberta, who do not request a refund of their check-off from the Alberta Canola Producers Commission, are eligible for a tax credit during the 2023 tax year. The Scientific Research and Experimental Development (SR&ED) tax credit enables canola growers to claim a credit for the portion of the check-off they paid that was utilized to support qualifying research.

For the 2023 tax year, the tax credit rate for canola growers in Alberta is set at 12.49 percent. For example, an individual grower who paid $1,000.00 in check-off to Alberta Canola in 2023 would be eligible for a tax credit of $124.90.

The tax credit rate for canola growers in Alberta for the 2022 tax year was 20.93 percent.

Click here for information on the Canada Revenue Agency Website.


  • 2022 Tax Year = 20.93%
  • 2021 Tax Year = 14.59%
  • 2020 Tax Year = 21.30%