On this week’s podcast, entrepreneur Blair Hyslop, Kathryn Lockhart, CEO of Propel and Jeff Larsen, head of the Creative Destruction Lab in Atlantic Canada, discuss a new proposal for a new regional equity tax credit to help grow investments in the region’s companies.
Under the proposal, qualified businesses could receive angel investment from across Atlantic Canada and the investors would receive a tax credit no matter where the company is located within the four provinces.
The three make a strong case that the time is now for such a program as a vital tool to expand the pool of risk capital available to early-stage companies across the region. All three believe Atlantic Canada is well-positioned to benefit from innovation-led growth in the coming years.