With regard to the Canada Revenue Agency (CRA), Scientific Research and Experimental Development (SRED) credits and Sustainable Development Technology Canada's (SDTC) decision to freeze funding to SRED recipients: (a) is the CRA targeting SDTC funding recipients for audits, and, if not, what is the CRA's explanation for the high rates of audits being conducted on such businesses; and (b) how many SRED recipients have had their SDTC funding frozen, and, of those, how many are the subject of a CRA audit?
In the House of Commons on May 1st, 2024. See this statement in context.