Capital flows to LSVCCs regardless of performance.
capital gains tax
By eliminating capital gains taxes, the government could help strengthen the incentives for people to start and grow businesses.
Tax policy is the most efficient way to incentivize high-growth entrepreneurship and access to finance.
Demographics and Entrepreneurship blog series: Spurring entrepreneurship through capital gains tax reform
Capital gains taxes reduce the return entrepreneurs and investors receive when selling a new technology or business.
Ottawa and many provincial governments have increased already uncompetitive personal income tax rates.
In seven provinces, the top personal income tax rate exceeds 50 per cent.