Can Startups Thrive under New Federal Policy Changes? - NorthStarDAO Consultation on Canadian Entrepreneurs Incentive (CEI)
NorthStarDAO Consultation on Canadian Entrepreneurs Incentive (CEI)
Purpose of the Event
The Canadian government's 2024 Federal Budget introduced the Canadian Entrepreneurs Incentive (CEI) to offset the impact of the increased capital gains tax inclusion rate. While the CEI offers certain benefits to founders, it fails to address the broader needs of the Canadian tech startup ecosystem. This consultation aims to:
Assess the Impact: Discuss how the increased capital gains tax and the CEI affect Canadian tech startups.
Draft a Response: Collaboratively draft NorthStarDAO's formal response to the Ministry of Finance.
Advocate for Change: Develop strategies to advocate for policy revisions that better support entrepreneurship and investment in Canada.
Why This Matters
The current policy overlooks the essential role of venture capitalists and angel investors who fund high-risk, high-reward ventures. Without proper incentives for these investors, Canadian startups will struggle to compete on the global stage, particularly against the robust investment climate in Silicon Valley.
What to Expect
Collaborative Discussion: Engage with other grassroots founders, investors, and stakeholders in the tech community.
Policy Drafting: Contribute your insights to help shape a comprehensive response to the government.
Networking Opportunity: Connect with like-minded individuals committed to improving the startup ecosystem in Canada.
Who Should Attend
Tech startup founders
Venture capitalists and angel investors
Members of the tech community interested in policy-making
Anyone passionate about the future of Canadian entrepreneurship
Call to Action
Your voice is crucial in ensuring that Canadian tech startups have the support they need to thrive. Join us in making a difference!
RSVP Now to secure your spot and be part of this important conversation.
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NorthstarDAO is a registered non-profit mobilizing grassroots builders, investors, and creators through research, education, and government advocacy to unlock the promise and prosperity of emerging technologies in Canada.