NB Liberalizes SME Tax Credit
When Gerry Pond is asked how good New Brunswick’s new Small Business Investor Tax Credit is, he says it’s among the best provincial tax credit for startup investments in Canada.
The provincial government liberalized its tax credit this year to encourage more investment in young businesses, and to give a tax break to corporations investing in young companies.
“Some people say that the British Columbia credit is the best in North America, but I think ours is at least as good,” said Pond, the chairman of East Valley Ventures.
In his February budget, Finance Minister Blaine Higgs