While vital to job creation, economic growth, and our standard of living, investing in entrepreneurs and innovation is inherently a risky business. While some investments translate into tremendous success stories (e.g., Shopify, Lightspeed, Bestar, and Cieslok Media) other investments fail to materialize and never return the original capital invested.
Therefore, to continue to attract private investment into Canadian entrepreneurial ventures and innovation ecosystem, Canada must maintain a strong, competitive tax and investment regime. Specifically, the federal government must maintain competitive capital gains and corporate taxes to encourage investors to allocated capital to this higher risk asset class.
More Reading
Written by Mike Woollatt, CEO Canadian Venture Capital and Private Equity Association The Department of Finance has released a…
Since the July 18th announcement, the CVCA has engaged its members and others in the ecosystem to assess the impact of the…
Toronto, October 18, 2017 – The Canadian Venture Capital and Private Equity Association (CVCA) welcomes today’s announcement by…