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Immigration
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CVCA previously co-administered the Start Up Visa Program's Venture Capital stream in partnership with the IRCC. The program allowed Venture Capital funds in CVCA's membership to apply for designated entity status and recommend entrepreneurs and start ups in their portfolio to apply for Canadian permanent residency. Throughout CVCA's contractual relationship with IRCC, the program led to a select and curated number of entrepreneurs growing businesses in Canada with financial backing. CVCA engaged in ongoing conversations with IRCC and provided regular reports. IRCC terminated all SUV contractual relationships in 2024, however, CVCA remains engaged in proactive conversations with IRCC Program officials who oversee the SUV program and who have relationships with CVCA's designated members. CVCA sees value in 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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Policies or Program, Legislative Proposal, Bill or Resolution
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Industry
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The CVCA advocates for policies and a regulatory environment that is conducive to stimulating investment. A competitive tax and investment regime that rewards the risks associated with the private capital asset class is 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.
CVCA also advocates for sustained and predictable access to capital, championing public-private co-investment initiatives. The 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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Policies or Program, Regulation
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CVCA IS ENGAGED IN: ADVOCATING PUBLIC POLICY MEASURES IN FAVOR OF A VIBRANT VENTURE CAPITAL AND PRIVATE EQUITY INDUSTRY;PROMOTING THE DEPLOYMENT OF VENTURE CAPITAL AND PRIVATE EQUITY TO SUPPORT THE DEVELOPMENT OF SMALL AND MEDIUM-SIZED GROWTH BUSINESSES IN CANADA;PROVIDING FORUMS FOR PROFESSIONAL DEVELOPMENT,INFORMATION EXCHANGE AND NETWORKING AMONG AMONGST ITS MEMBERS.SPECIFICALLY, THE CVCA CARRIES OUT THIS MANDATE BY HOLDING CONFERENCES AND SEMINARS, COLLECTING INDUSTRY-SPECIFIC DATA AND SPONSORING RESEARCH AND EDUCATION.
Benjamin Bergen, CEO
End date of the last completed financial year: 2025-12-31
| Government Institution | Funding Received in Last Financial Year | Funding Expected in Current Financial Year |
|---|---|---|
| Innovation, Science and Economic Development Canada (ISED) | $682,801.48 | Yes |
Address:
372 Bay St, Suite 1201
TORONTO, ON M5H 2W9
Canada
Telephone number:
416-999-7583