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Re:Canada has fewer entrepreneurs today than it did 20 years... by e-brake on Sunday October 22, 2023 @03:41AM (#37973584)
I too have seen this as a past entrepreneur in Canada. A lot of accountants are in on misrepresenting SR&ED tax credit applications and will attempt to find the "research" in regular IT work. They will even do the technical writing and filing work for free, while taking a commission of the take when the tax credits roll in (free money). There is a whole segment of startups propped up by SR&ED. I've seen many doing innovative work with a sound business plan, using that money to get to profitability, and it's great they were able to get funding, but a lot of others milked the system fraudulently, using SR&ED consultants to continue to exist when they should have failed.

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