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The following represents the third installment in a series on the subject of seizing financial opportunities offered by the Scientific Research and Experimental Development (SR&ED) program. Whether you are well versed in the ins and outs of SR&ED, or are new to the program, this series will present a convenient step by step guideline for participation, and will possibly provide you with new tips and strategies on how to improve your level of success. It will also summarize the factors to consider when determining whether certain projects or activities may be eligible for SR&ED tax credits and, once identified, recommendations regarding initial information gathering and ongoing project tracking.

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