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BioNova

Submission — BioNova

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Submitter(s): MacNeil, Marli

Summary: BioNova, Nova Scotia's life sciences industry association, represents companies that have been born of research and development and are providing the critical third step on the innovation pathway – commercialization. Within this submission, BioNova is recommending the programs and services that currently provide support to life science SMEs – the SR&ED tax credit, NRC IRAP, the Atlantic Innovation Fund and funds that enable industry to partner with NRC institutes – be maintained and strengthened. In addition, concern about the ability to attract and maintain sufficient risk capital to Canada's life sciences companies is addressed with a recommendation to extend the ability to raise investment using flow through shares to this industry.

Full submission: PDF Version