Finance committee  For Canada's child benefit program, there are already some studies on it. For every dollar that is sent in, it creates four dollars in value in the economy. I say this because GDP is the economic mass times the velocity of money. When you give money at the low end, at the low end

Finance committee  —your multiplier, and it just goes into consumption. This is how we create a lot more value. It's not from penalizing everyone from getting work and starting businesses and—

Finance committee  Thank you. You first mentioned the problems, the delay and the inefficiency, in deploying capital in programs. This is why I said that universality is required, and also, to not change market conditions right now for the future. Just for us, if we were to have the wage subsidy,

Finance committee  On your first question about how the private investors' rounds work, typically start-ups will raise money for 12 to 24 months but typically around 18 months. Any start-ups start to try to raise money about six months before they're out, because we typically aim for growth and not

Finance committee  Thank you. A pre-revenue start-up is a young company that has invested time and private capital but not yet made any revenue. Some may have had sales, as we did in our product division. We used our consulting service to fund research and development for our products. Our produc

Finance committee  The trouble is you have to apply for programs like the IAP, which means working with industry advisers, but there aren't suddenly way more industry advisers out there. Last year, the National Research Council of Canada was given funding to dole out. Applicants competed and less

Finance committee  Good afternoon. Thank you for inviting me. I've always been an entrepreneur. I started my first business before I turned 18, and I'm now on my seventh. I've had my share of success, selling two companies that continue to operate. They created dozens of jobs. One of the companies