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Especially in Canada, where capital is tight and productivity is low, I think incentivizing co-ops is a great idea. The Canadian gov't offers some grants for c
by jszymborski 2y ago
Especially in Canada, where capital is tight and productivity is low, I think incentivizing co-ops is a great idea.
The Canadian gov't offers some grants for co-ops, but they are a pittance. Making debt cheaper for co-ops relative to corps (maybe via additional tax breaks on interest?) is, I think super important.
- Gaessaki 2y agoQuebec probably has the single best cooperative financing ecosystem in the world (1B+$). There’s a need for more risk-driven investment instruments in the sector however to seed early stage ventures. Most of the funds end up getting reinvested in existing cooperatives who can already access traditional funding.