Canada’s new tax plan could be a startup funding boon

Flow-through shares have made Canada a global leader in financing the resource sector. Now Prime Minister Mark Carney wants to use the tool to spur investment in tech. A made-in-Canada tax scheme that’s been a boon for mining companies could soon be used to try and spur investment in tech startups in the country. The tax policy, known as flow-through shares, was amongst those included in Prime Minister Mark Carney’s campaign platform in April.