Entrepreneurship
Liberal
- Update the definition of entrepreneur used across government to include a diversity of entrepreneurs & includes small & medium-size businesses that operate in the care economy, retail, & service sectors.
- Create a community stream to the Ecosystem Fund to support smaller community-level organisations in providing mentorship at the local level to diverse women.
Update the definition of entrepreneur used across government to make sure it includes a diversity of entrepreneurs and includes small and medium-size businesses that operate in the care economy, retail, and service sectors.
Building on the Budget 2021 investment of $146.9 million to the Women Entrepreneurship Strategy, create a community stream to the Ecosystem Fund to support smaller community-level organizations in providing mentorship at the local level to diverse women.
— Forward. For Everyone., retrieved 2021-09-02
Conservative
- Introduce flow-through shares for tech companies.
- Exempt Canadian-controlled & HQed start-ups from stock options tax.
- Provide a tax credit for buying from a Canadian start-up.
- Direct the government to buy from Canadian start-ups.
• Introducing the use of flow-through shares for tech companies, based on the very successful model that has made Canada a leader in mining financing but avoiding the cost and complexity of listing on an exchange;
• Exempt Canadian-controlled start-ups headquartered and with at least 2/3 of their employees in Canada from the current plan to tax stock options.
° Public company executives should pay their fair share - stock options cannot be a tax loophole for the rich.
° At the same time, stock options provide an incentive for workers to join a risky start-up instead of working at a stable job. We will ensure that tax changes don’t endanger this key tool, knowing that if Canada does so it will drive innovative companies to relocate elsewhere.
• Create a tax credit for buying from a Canadian start-up.
° Canadian innovators used to complain about the challenge of raising venture capital funding here. These days, the world’s top VCs come here to invest because they know how talented Canadians are. Yet our innovators still face a challenge scaling due to a lack of first sales to Canadian customers who they can reference to grow their businesses internationally.
° This credit will encourage established Canadian companies to become the first customers for our innovative companies.
• Direct the Canadian government to finally start buying from innovative Canadian start-ups.
— Canada's Recovery Plan, retrieved 2021-08-18