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U S capital gains tax hike could deal blow to Canadian startup funding

Article content U.S. President Joe Biden’s potential capital gains tax hike could deal a blow to entrepreneurs in Canada if it dissuades American investors from taking risks on startups north of the border. If presented as expected, the plan could nearly double taxes on capital gains the income earned on the sale of a stock or other assets to 39.6 per cent for households earning more than $1 million. It would be the highest tax rate on investment gains in the U.S. since the 1920s. We apologize, but this video has failed to load. Try refreshing your browser, or

Large deals fuelled Calgary s healthy 2020, but Western Canada could have an early-stage funding problem

Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage deals could indicate a funding gap at this stage extending across Western Canada. Hockeystick tracked four deals under $250,000 in 2019 and 2020, indicating an early-stage gap. Hockeystick’s Calgary Tech Report looks at how the province’s tech ecosystem fared in terms of deals and dollars, with data sourced through exclusive partnerships with organizations like the Canadian Venture Capital and Private Equity Association (CVCA). Hockeystick also compiles data from startups using its platform, as well as public data sources.

Philippines, Chile sign accord for joint economic cooperation

Philippines, Chile sign accord for joint economic cooperation By TED CORDERO, GMA News Published April 27, 2021 12:45pm The Philippines and Chile have inked an accord to strengthen the economic cooperation between the countries. Trade Undersecretary Ceferino Rodolfo and Chile’s Vice Minister for Trade Rodrigo Yáñez virtually signed a memorandum of understanding (MOU) for the establishment of a joint economic cooperation. In a statement on Tuesday, the Department of Trade and Industry (DTI) said the signing of the MOU is a significant milestone for both economies as it represents the first trade and investment mechanism of the Philippines to formally engage the South American Region.

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