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-Emily, [email protected]

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BC Tech has given the federal budget released November 5 a grade of A-, welcoming what it calls valuable changes for B.C. innovators. The organization pointed to a new Canada Growth Incentive, a Canadian version of the U.S. QSBS regime that exempts up to $15 million in capital gains on qualifying shares held at least three years in companies with up to $100 million in assets.

It also welcomed the extension of SR&ED to commercialization expenses, though it notes the $930 million, five-year envelope is likely to limit the credit at the outset. One key omission, according to BC Tech, was extending flow-through shares to sectors including cleantech, biotech, quantum computing, advanced manufacturing and AI.

Full reaction»

🌱 Top of the world: Foresight Canada named its 2026 Foresight 50, a list of the country’s most promising cleantech companies, which have collectively raised more than $3.2 billion and were selected by a panel of 35+ climate investors, including B.C.’s Lite-1.

🧬 Under the sea: Ocean Diagnostics’ eDNA sampling tools are helping University of Victoria researchers study humpback whale behaviour from small dinghies, and supporting NOAA Fisheries scientists monitoring cetaceans.

🎙️ On the air: BC Tech’s Built West podcast announced a collaboration with COAST, with several upcoming episodes to be recorded in the recording studio at the COAST Ocean Innovation Hub in Victoria.

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