Each enterprise needs applicable investments. (6) For the needs of subsection (5), a enterprise is a listed firm in relation to a labour sponsored investment fund company if, when the corporation makes an eligible investment within the business, any of the shares of the business are listed on a inventory alternate prescribed by Regulation 3200 or 3201 made below the Earnings Tax Act (Canada).

As the SBA itself mentioned, “almost any person or group with a minimal preliminary non-public capitalization of $5 million and an SBA-accepted full time manager who can be in control of the licensee’s operations and who … Read More...