This article discusses the tax issues around issuing shares vs granting options to employees of both public and private Canadian companies. There are major tax implications that are unknown to most people – including the politicians who are trying to encourage entrepreneurship.
Archive for the ‘Commercialization & Innovation’ Category
At the October 28, 2010 Vancouver Greentech Exchange, Mike talked about investment options for investors, challenges for entrepreneurs, incentives and impediments to innovation and finally explained a new investment vehicle – GreenAngel Energy Corp – could benefit both investors and entrepreneurs. Here is a summary of Mike’s talk:
The Globe and Mail reported today (Oct 13, 2010) that a blue-chip panel of experts (including me, so maybe it’s not entirely blue-chip) has come up with recommendations to turn Canada into a “nation of innovators”. (see story). The complete report is available on this website by clicking here.
BC’ers voted against the HST last week (Aug 26, 2011) in favor of re-instating a double tax system. According to many press articles, it appears that those who voted to keep the HST were better educated, more prosperous, and self employed business people. Did the others not get the big picture? Or did they vote [...]
This is a brief overview of B.C. Government’s investment tax credit program.
In the U.S., government encourages innovation using the Small Business Innovation Research Program (SBIR). In Canada, we used to have something similar – the Unsolicited Proposal Program – but now the popular SRED tax credit has supplanted it.