On April 16 Deputy Prime Minister and Minister of Finance, Chrystia Freeland, released the 2024 Federal Budget which sees nearly $53B in new spending over 5 years. The big question going into the Budget was how the promised spending, much of which had been trailed in a series of pre-announcements, would be paid for. The answer? Raising taxes on capital gains with 67% of an individual’s capital gains above $250,000 subject to taxation, compared to 50% previously. (The 50% inclusion rate is preserved for individual gains up to $250,000.) The new 67% inclusion rate will apply to all of a ..read more

The Minister of Finance, Katrine Conroy, delivered the BC Government’s 2024 Budget today, its last before the October provincial election.  As expected, the Budget focuses on housing, affordability, healthcare and climate action.  The Budget predicts total spending of $89.4B up by 7% over last year and resulting in a $7.9B deficit for 2024/25. The total provincial debt is forecasted to be $123B and real GDP growth is expected to slow to 0.8% in 2024, down from 1% in 2023. BC’s tech sector GDP is now growing 4 to 5 times faster than the economy as a whole and on the jobs side, govern ..read more

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The initiative aims to help high-potential Canadian firms with over $30m in revenues to scale and become anchor firms for Canada. Vancouver, BC, July 24, 2023 — Clarius Mobile Health, a leading provider of high-definition handheld ultrasound systems, has been selected by the Government of Canada to participate in the new Global Hypergrowth Project (GHP), powered by the Federal Ministry of Innovation, Science, and Economic Development. GHP is designed to help the country’s most promising scale-up companies to further fuel their growth with the support of a team of experts with extensive publi ..read more

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Career Spotlight – Spiro Getsios What is your role? What is your title? Where are you located? How long have you been doing it? I help manage an R&D group here at Aspect Biosystems. We are a Vancouver-based Biotech company, approaching our ten-year anniversary. I came on board about halfway through that journey, so I have been with the company just a little under five years. When I first joined Aspect Biosystems, I was the Vice President of tissue engineering which I think nicely captured what we were doing, which was really being at the interface of biology and engineering. We use those ..read more

Tell me about your company. When were you founded? What do you do? And where are you located? We are pioneering the development of bioprinted tissue therapeutics, which are implantable cell therapies designed to replace, repair, or supplement biological function that has been lost or damaged due to disease. These tissues have the potential to transform the treatment of currently incurable diseases such as diabetes and various genetic and acquired liver disorders. We are creating these next generation therapies by applying our full-stack tissue therapeutic platform, which combines our propri ..read more

The annual awards show announced 9 award winners during the milestone celebration VANCOUVER, B.C., Sept 29, 2023 – The Technology Impact Awards (TIAs) marked their 30th Anniversary announcing 9 companies as award winners and inducting 8 leaders to the Innovators Hall of Fame at the annual awards show. “BC Tech is proud to have played a part in the journey of so many BC tech icons and success stories across our 30-year history,” shared Jill Tipping, CEO of BC Tech. “Tonight we were honoured to celebrate the achievements of our Hall of Fame inductees and the 2023 TIAs award winners, showcasing ..read more