Venture CapitalPolicy & Advocacy

It has been seven years since the Government of Canada’s Venture Capital Action Plan (VCAP) was implemented. A unique program, VCAP leveraged CAD $350M of government funds to attract an additional CAD $904M in private sector investment into Canada’s venture capital (VC) industry (as well as CAD $112.5M in provincial funds). These combined public and

The COVID-19 pandemic has had a devastating impact on Canada’s healthcare system, society, and economy. Canada is not alone on this, as societies and economies globally were unprepared for the scale and scope of the virus’ impact. It is increasingly clear that in order for us to return to the world we once knew, we

On December 5th, 2019, the Governor General of Canada, Julie Payette, opened Canada’s 43rd Parliament with the Speech from the Throne (SFT), outlining a five-point agenda for this session of Parliament: Fight climate change Strengthen the middle class Walk the road of reconciliation Keep Canadians safe and healthy, and Position Canada for success in an

Taking part in the federal election process, the Canadian Venture Capital and Private Equity Association is pleased to offer its views on priorities ahead of the 2019 Federal Election. The Canadian venture capital and private equity industry plays an instrumental role in improving the standard of living of Canadians by catalyzing the investments required to

Climate change is real and one of the most pressing issues facing the planet. This is a fact that has been confirmed scientifically time and time again and repeated as recently as Nov. 27 by the United Nations through the Emissions Gap Report 2018. As a first step, Canadians could consider understanding the actions to

The federal government, through the Business Development Bank of Canada (BDC), issued a call for proposals today for the Venture Capital Catalyst Initiative (VCCI). The VCCI is $400 million in federal government funding through the BDC and will complement support provided by other programs under the Innovation and Skills Plan to help grow Canada’s innovative

CVCA Applauds Government’s Commitment to Strengthening Innovation Companies in Canada December 18, 2017 – Toronto, ON – The Canadian Venture Capital and Private Equity Association (CVCA) applauds the Government of Canada’s announcement today regarding the details of the Venture Capital Catalyst Initiative (VCCI), a $400 million investment supporting Canada’s innovation ecosystem. The fund is made

Toronto, October 18, 2017 – The Canadian Venture Capital and Private Equity Association (CVCA) welcomes today’s announcement by Finance Minister Bill Morneau regarding the passive investment income tax changes. “The Government of Canada, and the Finance Minister specifically, demonstrated a clear willingness to incorporate our feedback to ensure these changes are in line government’s policy objectives”,

Since the July 18th announcement, the CVCA has engaged its members and others in the ecosystem to assess the impact of the proposals. Overall, while members feel all of the proposed tax changes will be harmful to investment, savings, growth, innovation, entrepreneurship, and job creation, the proposals centering on substantially increasing the tax on passive investment income