Vireo Advisors Policy on Canadian Overhead Compensation Rates
1. Non-tri-agency Grants
For non-Tri-agency Canadian grants, a maximum fixed overhead compensation rate of 15%, applicable to Vireo’s contribution towards the direct program/project costs eligible for applying the overhead compensation rate OR the Universities/Colleges stated policy overhead compensation rate, whichever is lower.
2. Tri-agency Grants
For Tri-Agency grants (i.e., SSHRC, NSERC, and CIHR) it is recognized that the Canadian federal government directly supports the indirect costs of research funded by the National Granting Councils (Tri-Agencies) and Networks of Centres of Excellence (NCE) through the Federal Research Support Fund grant. Canadian universities receive an annual grant to contribute towards their indirect costs of research based on the average level of funding over the previous three years from those sources (averaging 22-25% of total funding). Under this program, it is deemed that the University/College already receives overhead. Therefore, for eligible Tri-agency grants covered by the Research Support Fund, the overhead rate on Vireo’s contributions shall be 0%. Indirect costs should not be included in individual grant applications to the Tri-Agencies programs that are covered under the Research Support Fund.