CANADA'S VENTURE CAPITAL AND PRIVATE EQUITY ASSOCIATION
Registration:
22
of
22
(2024-10-15
to
present)
Details Regarding the Identified Subject Matter
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Subject matters
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Details
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Categories
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Immigration
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CVCA was a designated entity by the IRCC to co-administer the Start Up Visa Program, through which Venture Capital funds in CVCA's membership could support entrepreneurs and start ups applying for Canadian permanent residency. This program led to a select and curated number of entrepreneurs growing businesses in Canada, with financial backing. Throughout the program, CVCA engaged in ongoing conversations with IRCC to ensure program continuity. CVCA sees value in reinstating this program and maintains communication with IRCC on possible future improvements.
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Policies or Program
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Taxation and Finance
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The CVCA actively advocates for a strong and competitive tax and investment environment that attracts and rewards private investment in Canadian entrepreneurial ventures. We provide valuable insights and data to support effective tax policies. Strategically crafted policies can ensure that Canada remains an attractive destination for private capital, which is necessary to drive economic growth, job creation, and innovation. CVCA engages with policymakers to convey perspectives from the private capital industry, and the current economic context.
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Legislative Proposal, Bill or Resolution, Policies or Program
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Industry
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The CVCA advocates for policies that secure access to capital, vital for the growth of private equity and venture capital across economic sectors. CVCA’s efforts ensure Canadian companies can access necessary funding amidst challenges such as tightening credit markets, competition for capital, and economic uncertainties, to drive innovation and economic growth, ultimately fostering a resilient and diversified economy for future generations.
Venture Capital Action Plan/Venture Capital Catalyst Initiative is still rolling out, matching private capital allocations to disbursed government dollars. CVCA continues to engage with industry and government to ensure awareness within the VC ecosystem and monitoring the flow of funds, underscoring the importance of Canada's VC Emerging Managers and their important role in allocating capital to riskier and underserved corners of the innovation ecosystem.
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Regulation, Policies or Program
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