M.Dancer Posted March 31, 2011 Report Posted March 31, 2011 The study released yesterday by Fraser Milner Casgrain LLP and PricewaterhouseCoopers shows that companies in the province accounted for 26 per cent of new listings on the TSX Venture Exchange in 2004-2005. That number has since taken a nosedive, dropping to just nine per cent in 2008-2009. The decline is particularly distressing when you consider that Quebec makes up 23 per cent of Canada’s population, and 21 per cent of the country’s economy. The report recommend... The report recommends the following key steps to help turn the situation around:• Conditions must be created to ensure liquidity on the TSX Venture Exchange; • capital gains must be eliminated for those who purchase shares of qualifying companies and later sell them; • the misperception among owners of private companies that going public is inconvenient must be corrected; • levels of entrepreneurship within the province must increase. I do think it comes down to perception. When someone raises the bogeyman of a "corporation" many seem to think of a soulless entity assimilating other entities a la the Borg. More often than not, it is either a small sometimes family owned company poised to grow or an innovative firm needing capital to jump. Under capitalization of the Quebec economy could be a dangerous as a recession. http://www.canadianlawyermag.com/legalfeeds/Quebec-companies-shun-capital-markets.html Quote RIGHT of SOME, LEFT of OTHERS If it is a choice between them and us, I choose us
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