Can you stack CanExport SMEs and Small Business Deduction (SBD)?
Yes. CanExport SMEs and Small Business Deduction (SBD) can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice. Together they reach up to $80K+ in potential value.
CanExport SMEs
Fund your international business development activities: market research, trade shows, legal advice for foreign contracts, translation of marketing materials, and more.
Small Business Deduction (SBD)
Incorporated Canadian businesses pay a reduced federal tax rate of 9% on the first $500,000 of active business income: instead of the standard 15% corporate rate. That's a 6% savings on every dollar of profit up to $500K.
How to stack them
- 01Confirm you meet each program's eligibility on its own. CanExport SMEs and Small Business Deduction (SBD) are assessed separately.
- 02Apply to each program through its own application. There is no combined form.
- 03Allocate distinct costs to each program. You cannot claim the same dollar of expense under both, but you can fund different parts of the same project.
- 04Track both deadlines and keep the paperwork separated, so each claim stands on its own.
Stacking rules vary by program and change over time. Confirm the current rules with each program, or take the quiz and we will flag the combinations you qualify for.