Appendix A: (Continued)
2. Resolving BC’s Historical Limitations
Federal and provincial innovation tax credits can be designed to align administratively and complement one another without exceeding existing provincial thresholds— improving uptake while preserving fiscal discipline and unlocking national-scale impact.
BC Limitation (2001–2008)
2025 National Solution
Supporting Evidence
Harmonized federal- provincial credit framework
OECD (2023) emphasizes policy coordination to avoid inefficiencies in multi-jurisdictional innovation policies.
Fragmented provincial incentives
Staged capital progression via hybrid public- private models
Lerner & Nanda (2020) validate hybrid models for bridging early-stage funding gaps.
Lack of follow-on funding
Reinvestment incentives through capital recycling
OECD (2023) highlights liquidity mechanisms to sustain private participation.
Low retail investor returns
Agrawal et al. (2014) demonstrate reduced geographic bias in online deal sharing.
Regional capital disparities
Nationwide digital syndication
49
Powered by FlippingBook