Appendix C: Rationale for Key Metrics & Responses to Common Questions
C.1 Overview
This appendix provides brief explanations for key metrics, assumptions, and international benchmarks used in the report, with responses to common questions.
C.2 Key points at a glance
Public tools follow private validation to crowd in capital across the continuum, ensuring market discipline determines which opportunities advance. Evidence draws on Canadian evaluations and durable international programs, enabling prudent pilots that expand only on demonstrated outcomes. The package addresses imbalances that depress venture returns and stall firm scaling, improving productivity and retention of Canadian capabilities. Fiscal prudence is supported by phased, outcomes ‑ based deployment and transparent leverage metrics consistent with government reporting practice.
C.3 Rationale for Key Metrics & Responses to Common Questions
1. What asset baseline supports the C$10–15B mobilization, and how conservative is it?
IFIC reports end ‑ 2024 mutual fund assets of approximately C$2.24 trillion and ETF assets of approximately C$0.52 trillion, which provides a current, verifiable baseline to model a 0.4%– 0.6% mobilization consistent with the report’s C$10–15B framing.
In brief: The latest industry totals are paired with a conservative mobilization range to avoid overstating the opportunity.
2. How were the 35K–72K jobs estimated, and why is the range prudent?
The range builds on peer ‑ reviewed BC program evidence showing roughly 3:1 combined fiscal returns and robust job multipliers under a venture tax credit, then applies conservative national scaling as described in the methods.
In brief: Canada’s best ‑ documented program evidence is used and then discounted for prudence.
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