CVCA praises Ottawa's moves on innovation, LSVCCs, stock options
The Canadian Venture Capital and Private Equity Association (CVCA) said it welcomes the federal government's Budget 2016. The CVCA said the budget showed the government "is engaged on innovation and growth and is open to listening and engaging key stakeholders." It welcomed the budget's innovation focus and commitment to address a range of related issues. The CVCA also supported the reinstatement of the labour-sponsored venture capital corporation (LSVCC) tax credit effective January 1st; spending on infrastructure and technology clusters; and its decision not to change the tax treatment of stock options.
23 March 2016•2 mins read
