With regard to the government’s Scientific Research and Experimental Development (SR&ED) tax incentive program, broken down by each of the last three fiscal years: (a) what is the number of businesses which applied for tax incentives under the program; (b) what is the average time between the receipt of an application and a decision; (c) what is the average time between the receipt of an application and the funding actually being delivered to the business; (d) what is the number of applicants who have received notice of an audit under the program; (e) what is the average length of time between the notice of an audit and the applicant being audited actually receiving funding under the program; and (f) does the government pay the applicant interest in the case that an audit delays payment or does the government simply put the interest towards general revenue?
In the House of Commons on December 10th, 2018. See this statement in context.