Posted January 28, 2010
The Liberal Party of Canada presented three proposals for the creation of high paying jobs across the economy. One proposal calls for new incentives to encourage investment in Canadian start-ups. The Liberals have based their proposals on recommendations previously made by ITAC for the introduction of flow-through shares for advanced technology ventures. Flow-through shares have been used effectively to spur investment exploration in the mining sector. The Party also likes the idea of an innovation and productivity tax credit for early stage investment in research intensive ventures. ITAC supports both of these concepts and welcomes the Liberals’ focus on the creation of 21st century jobs. The details of the Party’s proposals can be found here.