BioNova advocates on behalf of the sector for initiatives that are important to attract investment to the province. learn more about the recommendations we’re presenting to Government on modernizing Equity Tax Credits for Atlantic Canada by clicking on the image below.
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Update: Province Announces Innovation Equity Tax Credit
highlights: The new tax credit applies to investments up to $250,000 in eligible businesses, which is $200,000 more than the current Equity Tax Credit. Nova Scotian investors will receive a tax incentive of 35 per cent, or 45 per cent in priority sectors of oceans technology and life sciences.