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
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
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
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
The CVCA applauds Government of Canada’s commitment to strengthen Canadian innovation through additional venture capital support Budget 2017 continues positive momentum for the private capital ecosystem in Canada; expanding on the success of VCAP, with new VCCI program delivering $400 million investment with matching funds up to $1.5 billion through BDC Ottawa, ON – Mar
The Canadian Venture Capital and Private Equity Association (CVCA) is adding its voice to the growing list of Canadian technology leaders calling on Ottawa to institute an immediate and targeted visa which would provide those currently displaced by the United States executive order with temporary residency in Canada. The request is in response to U.S.
Today, the Canadian Venture Capital and Private Equity Association celebrates the third anniversary of the Government of Canada’s Venture Capital Action Plan (VCAP)– a program that was implemented in January 2014 as a means of leveraging government funds with private sector investment and expertise. This program has had an overwhelmingly positive impact on Canada’s innovation
Originally posted by EY The Alberta Government has introduced the Alberta Investor Tax Credit (AITC) to stimulate investment in certain industries with strong job-creation potential. The AITC offers a 30% tax credit to investors who provide venture capital to eligible companies during the two-year period in which the AITC program is in force. It is
By the Canadian Venture Capital and Private Equity Association The Province of British Columbia has taken another step forward in building on its innovation ecosystem with a new private sector-led venture capital fund to support the technology sector. This new, 15-year, $100-million technology fund—which the Government announced on Friday, Oct. 21st—will help fuel growth in
This report offers a comprehensive analysis of the seed and pre-seed venture capital funding landscape in Canada, focusing on key trends across provinces, deal sizes, foreign investor participation, and top-performing verticals like AI, Web 3, and SaaS. It provides year-over-year and quarter-over-quarter insights, comparing Canada's seed investment activity with global trends. The report is a valuable resource for understanding venture investment dynamics at the earliest stages in Canada's startup ecosystem for 2024, providing detailed context on the evolving focus and funding environment.
