News Summary

In the context of the Canadian federal election, the Canadian Venture Capital and Private Equity Association (CVCA) has issued a white paper advocating for significant governmental reforms. The CVCA is urging the government to reform capital gains tax rules by temporarily reducing the inclusion rate and doubling the Lifetime Capital Gains Exemption limit. Following the election, CVCA CEO Kim Furlong emphasized the challenges ahead for the Carney government in fostering innovation and investment in Canada.