You probably followed the debates when the government announced the gradual withdrawal of the labour-sponsored venture capital funds tax credit. In Quebec, that is a very important source of risk capital, not only for workers' funds, but also for their partners. For instance, the Fonds de solidarité de la FTQ and Fondaction often pool their resources with those of investors and private funds so as to invest in high tech areas or other growth areas.
The problem is that the government withdrew that tax credit gradually. As for you, you recommend that there be tax incentives to contribute to strengthening the venture capital market.
Do you think the government is heading in the wrong direction, if it wants to ensure a sound venture capital market?