We ought to hold government more accountable The way I see it, if B.C. were in the U.S.A., our tech companies would file a class action suit against the Provincial Government for failing to keep its commitments.
Government has a responsibility to foster innovation.
Paul Martin recognized this in his recent budget which was good news for science and technology in Canada. There is a huge funding gap in the innovation chain between the laboratory and the production line. And this is precisely where government needs to provide direct support through Science and Technology programs and indirect support through early stage equity tax incentives - not tax breaks. This funding would go into those very valuable programs that permit the creation of new technology ventures by addressing the funding gap that exists at the early, pre-commercialization stages of corporate development. These agencies have leveraged their resources and have accomplished a lot.