September 23, 2020

CATA’s policy approach recommended to nation leaders by OECD Chief Economist

 

Download North Fall Cover Shot .png

Click the cover to open the magazine, or  View via Issuu Download North - CATA - D17.pdfDownload North – CATA – D17.pdf

In these fresh Fall days we embark on new beginnings, and for the Canadian Advanced Technology Alliance, that includes the inaugural Issue of Download North Magazine – People & Policy. Download North will reach the Prime Minister, Cabinet Ministers, MPs and the Parliamentary Press Gallery, as well as, 11,000 in the technology community across Canada.

A few days before the Throne Speech,  the Organisation for Economic Co-operation and Development (OECD) advised nations to adopt economic policies for small and medium enterprises (SMEs) aligned with solutions proposed by CATA. Our recent advocacy action, starting with a letter to Prime Minister Justin Trudeau on 3 April, is outlined in The Fall Issue above. OECD Chief Economist, Laurence Boone is giving clear economic policy advice to world leaders in her
 20 September blogCoronavirus: Living with Uncertainty:

‘Support to firms must evolve to let non-viable firms go and encourage viable ones to grow. Equity instruments could be deployed for large firms, with state support, provided competition is preserved and a clear strategy for exit designed. However, it will require more creativity for SMEs, for example in the form of tax credits, with repayments occurring when firms sustainably return to profit’

CATAAlliance‘s  Resilience and Rebound Proposal is such a creative approach. 338 members of parliament have received this simple CERB like solution that uses government audited data to boost SME new market opportunity liquidity for GDP, R&D, economic and jobs growth.

Our efforts were influential in unlocking $200M in stalled R&D tax credits in April. The people at the Canadian Revenue Agency were the heroes of that story. 

Additional solutions have been shared and advised Minister Chrystia Freeland that CATA stands by ready to help. 

 

 

 

September 21, 2020

New – Download North Fall Magazine Edition – People & Policy

We’re introducing the Fall Issue of Download North – People & Policy. This inaugural Magazine quarterly format joins the Download North Media Suite, which will include a podcast and monthly newsletter. 

The Fall Issue reviews CATA’s advocacy focus that kicked off with a letter to Prime Minister Trudeau on 3 April. These efforts led to an expedient restart to SR&ED claims following $200,000,000 in stalled returns.  Thousands of companies benefitted in the uncertain days of early COVID19.

Hundreds of CATA community members contributed to surveys, letter writing campaigns and meetings that included Cabinet Ministers, MPs and Canada’s Ambassador to the World Trade Organization (WTO). Topics ranged from CATA’s proposal to digital trade and WTO reform.

As we approach the eve of the September 23rd Throne Speech, strategies for the future have taken a twisting and turning path.  The Organisation for Economic Co-operation and Development (OECD) came out in support of the same approach CATA recommended for small and medium technology companies back in April. 

In her 20 September blog, Coronavirus; Living with Uncertainty, OECD Chief Economist, Laurence Boone penned economic outlook recommendations. She provided guidance to world leaders on national economic policy:

‘Support to firms must evolve to let non-viable firms go and encourage viable ones to grow. Equity instruments could be deployed for large firms, with state support, provided competition is preserved and a clear strategy for exit designed. However, it will require more creativity for SMEs, for example in the form of tax credits, with repayments occurring when firms sustainably return to profit’

CATAAlliance submitted a creative Resilience and Rebound Proposal  for this very solution in April. 338 members of parliament have received  this simple like CERB data solution that uses government audited data to boost liquidity for new market opportunities, GDP, R&D creation and jobs.

We have offered additional solutions and advised Minister Chrystia  Freeland that CATA stands by ready to help.