Last week, included in the Canadian Federal Budget was an amendment to the tax code eliminating the burden on foreign investors to determine Canadian tax and file Canadian income tax returns when selling Canadian companies – The elimination of Section 116.
This is an incredibly positive step since it frees capital to flow to early stage [...]
Entries Tagged as 'economics'
Section 116 Dies, Canada Celebrates…Sort of
March 8th, 2010 · 2 Comments
Tags: VC · canada · economics · politics · waterloo
Save Canada: Reform Section 116
April 22nd, 2009 · 1 Comment
Rick Segal mentioned his approach to the ailing Canadian venture industry and to the lack of local experienced operators: The Farm Team. This was in response to some controversial (if mostly damn true) conversations that are all too well known at this point.
I think Rick’s fundamentals are right but the mechanism is wrong. Scrape together [...]
Tags: VC · canada · economics · politics · rant
Ontario In The Creative Age
February 6th, 2009 · 1 Comment
I’ve been reviewing the recent Prosperity Institute Report: Ontario in the Creative Age on initiating the conversation about moving the culture of commerce in Ontario from manufacturing centered to creative and innovation centered. Its a pretty inspiring thought for a software guy who left Ontario for US innovation centers for over a decade.
Here are a [...]
Tags: canada · economics · politics · waterloo
Ontario, North American Car Makers: Battered Wife Syndrome
December 1st, 2008 · No Comments
I’ve always been confused by the auto industry and the Ontario governments bazaar relationship to it. The big 3 sure seem big and in my experience things that big tend to be pretty stupid. That may sound harsh but its certainly been playing itself out lately.
When I was in Engineering school in Ontario during the [...]