TMX Group reposted this
“Policymakers have created an uneven playing field between junior private companies and junior public companies….most of the tax incentives that are available to the former are not available to the latter, even though many of the companies in the two markets are of the same size and scale.” Canada’s public venture market plays a crucial role in driving innovation and economic growth. J. Ari Pandes and Michael Robinson outline how greater access to capital for Canadian venture companies, such as extending Scientific Research and Experimental Development (SR&ED) tax credits to public companies, could help build and scale our homegrown businesses – and help solve the country’s productivity challenges.