Conclusion Canada must act with boldness and clarity to secure its place in the global innovation economy. Implementing a National Investment Tax Credit (NITC) is a necessary and immediate next step to ensure sustainability of Canada's innovation ecosystem. Evidence from provincial programs demonstrates significant fiscal returns, robust job creation, and increased international competitiveness. Canada now has a clear opportunity to strengthen national economic resilience and innovation leadership through immediate, targeted policy action. By strengthening the capital foundation and uniting policy support across the continuum, we can enable a nation of builders to emerge—one that is self-reliant, resilient, and globally competitive. The moment for bold leadership is now. The world isn’t waiting—and neither can we. Now is the time to invest in a sovereign innovation economy that reflects the full ambition of a nation of builders.
DISCLAIMER: Please note that the information provided in this document by the National Angel Capital Organization (NACO) is subject to change. While every effort has been made to ensure the accuracy and timeliness of the data, unintentional inaccuracies may occur. Some information has been sourced from public records and third-party providers and is subject to ongoing updates without notice. Accordingly, NACO does not guarantee the completeness, accuracy, merchantability, or fitness for a particular purpose of the information contained herein.
This report is a working paper. It will continue to evolve through ongoing consultation. For the most current version, please visit: https://digital.builtbyangels.com/view/327527710/
47
Powered by FlippingBook