Every tech startup founder faces the same hurdle: funding. It’s incredibly tough to grow a tech company when intense research and development come long before a paying customer. But what if there were a proven way to inject significant private capital into Ottawa’s tech ecosystem?
A dedicated group of Ottawa business leaders, Canada Flow Through Shares, thinks they have the answer.
They’re pushing for a tax policy inspired by Canada’s mining industry, which has successfully used flow-through shares for decades to raise hundreds of millions. This innovative approach allows investors to directly deduct qualifying company expenses, making tech startups a far more attractive investment.
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In this episode of Techopia Live, Ottawa Business Journal publisher Michael Curran speaks with David Perry, the driving force behind Canada Flow Through Shares. David explains how this model has supercharged investment in other sectors and countries, and outlines the crucial next steps for getting this powerful policy into the federal budget. Don’t miss this essential discussion on how flow-through shares could fundamentally transform tech funding in Canada’s capital.
