With most investors looking for ways to save taxes, today we are going to look at Venture Capital Corporations, and the significant tax advantages they offer investors living in British Columbia.
*** Genesis Nanotechnology, Inc. integrates Government Grants, Supports and Non-Recourse Funding from Government Agencies Ex. NSERC, SRED, SBIR, DOE in addition to the VCC program. Qualifying VCC/ EBC shares are also eligible for Canadian Retirement Savings Plans (RSP’s). ***
Watch our NEW Video ~ “Great Things from Small Things” ~ Coming June 2015
Published on Apr 20, 2015
“Harnessing the transformational POWER of Nanotechnology will usher our world into the age of the ‘2nd Great Industrial Revolution’. Nanotechnology will impact almost every aspect of our daily lives, from clean abundant Renewable Energy, Wearable-Sensory Textiles, Displays & Electronics to Bio-Medical, Diagnostics, Life-Saving Drug Therapies, Agriculture, Water Filtration, Waste Water Remediation and Desalination.”
“GNT™ is very excited to be a part of this ‘Revolution’. Bringing together leading ‘Nano-University Research Programs’ with Marketplace & Industry Leaders , engaging our Proprietary Business Model, fostering in a new paradigm in nanotechnology innovation.”
~ Bruce W. Hoy, C.E.O. of Genesis Nanotechnology, Inc. ~
We can’t prevent tsunamis – but a British Columbia project aims to save many thousands of people from their devastationIn addition to being deadly and devastating, tsunamis tend to arrive without much warning. They’re most commonly triggered by undersea earthquakes and landslides. Those are hard to detect, but getting easier thanks to NEPTUNE, an underwater technology network off Canada’s West Coast.
People need tsunami information fast. On the afternoon of March 11, 2011, an 8.95- magnitude earthquake hit off the coast of Japan. Within an hour, 10-metre waves washed the coast, sweeping away cars, crushing buildings and buckling roads as if they were twist-ties. The 2004 tsunami that swept the Indian Ocean, triggering more tsunamis as it rolled along, was just as shocking; it killed more than 230,000 people in 14 countries, and caused the entire planet to vibrate by about a centimetre.
Graphic: Lauren Heintzman
“The problem is, how do you tell people they’re coming, and more importantly, how do you tell what height they’re going to be?” says Benoit Pirenne, Associate Director, Digital Infrastructure at Ocean Networks Canada.
Enter NEPTUNE, or the North-East Pacific Time-series Undersea Networked Experiments.
Headquartered at British Columbia’s University of Victoria, Ocean Networks Canada is using that high-tech underwater, computer-connected system, and others, to map and monitor the seabed — and to improve detection, warning and analysis of the shapes of the giant waves.
NEPTUNE’s backbone is an 800-kilometre loop of power and fibre-optic cables, connected to equipment that measures a host of geological and other processes, deep in the Juan de Fuca Strait off the B.C. coast. The cable network lies atop the smallest of the Earth’s 12 tectonic plates.
The cables are connected to pressure sensors on the seabed, Pirenne explains. “They’re really scales that measure the water column. They do that every second, so you can map, if you will, every wave,” he says.
Up to now, tsunami detection has been spotty. But NEPTUNE promises to deliver a continuous stream of data that is much more detailed and nuanced than what has been traditionally gleaned from ship-based exploration — and that information, Pirenne hopes, will soon be used to revolutionize tsunami detection.
“We have proven that our sensors can detect their waves,” he notes. “We are now working on the software detection systems and on the models that will help predict more precisely the impacts on specific points along the coast of Vancouver Island.” That step would mean far better protection than the minimal warnings that people have received for tsunamis up to now.
The sensor data is transmitted to stations where scientists can analyze the seismic activity to help predict big waves. “Help” is still the operative word. “In a given time range, with three or more sensors, we can identify the source, origin and the speed of a wave coming toward the coast. But it still doesn’t tell you how high the wave will be,” Pirenne says.
Tsunamis can reach as high as 30 metres − three times the height of the initial waves that caused the first devastation in Japan. Determining wave height is the next puzzle to solve, says Pirenne.
“We’re working on a detection system. Waves are influenced by the profile of the seabed as you come close to the coastline; the topography of the water [and the seabed underneath] has a big influence on the final speeds and height.
“It’s important take into account the profile of the coastline to see what the wave is going to be doing − whether it’s going to be a metre or 10 metres, an acre or a square kilometre,” he says.
“We hope to have this part ready by the end of 2016.”
The challenge for scientists now is to move tsunami detection forward from its current state of “near-real-time,” with a few minutes lag, to actual real time, so that when waves are detected everyone can know precisely how much time there is to take emergency action. Another challenge is to provide detection for both “near-field”, imminent tsunamis and “far-field” ones that may be on the way.
The scientists are busy and the work is ongoing, says Virginia Keast, Ocean Networks Canada’s communications officer. Last spring, the organization hosted an international workshop to share the latest advancements in tsunami modeling. And in mid-September, Pirenne was in St. John’s, Newfoundland presenting the network’s progress to other experts.
“We’re sharing what we know with Japan, with South America, with other countries,” says Keast. The 2004 Indian Ocean tsunami was the catalyst for action, she says, and this was reinforced by the Japanese disaster in 2011, which sent detritus and debris across the ocean all the way to B.C.
“Canada has one of the most advanced systems in the world in terms of cable sensors supplying data offshore,” says Pirenne.
As a result of further investor interest, Nanotech has upsized the Unit Placement to $4.2million
Vancouver, British Columbia, August 23rd, 2013: Nanotech Security Corp. (the “Company”) (TSX-V: NTS), developer of next-generation security and authentication features using patented nano-optics announces that further to its news release of August 22nd, 2013, the Company will be seeking regulatory approval to upsize the Subscription Receipts financing from $3.9 million announced August 22nd,2013 to up to $4.2 million. The hold period will expire 4 months from final tranche closing date. The final tranche remains subject to TSX acceptance.
** Note To Readers. This article comes from the Business Staff at Forbes Magazine. We often refer to “The Great White North” when the subject matter is “Hockey”. But our significant trading partners and world-class entrepreneurial spirited neighbors have discovered a secret the U.S. would do well to follow … eh?! – BWH –
During the run-up to every U.S. presidential election, countless Americans threaten to move to Canada if their preferred candidate does not emerge victorious. Of course, few follow through with a move north. Maybe it is time to reconsider.
Canada ranks No. 1 in our annual look at the Best Countries for Business. While the U.S. is paralyzed by fears of a double-dip recession and Europe struggles with sovereign debt issues, Canada’s economy has held up better than most. The $1.6 trillion economy is the ninth biggest in the world and grew 3.1% last year. It is expected to expand 2.4% in 2011, according to the Royal Bank of Canada.
Canada is the only country that ranks in the top 20 in 10 metrics that we considered to determine the Best Countries for Business (we factored in 11 overall). It ranks in the top five for both investor protection as well as lack of red tape, which measures how easy it is to start a business.
Canada moves up from No. 4 in last year’s ranking thanks to its improved tax standing. It ranks ninth overall for tax burden compared to No. 23 in 2010. Credit a reformed tax structure with a Harmonized Sales Tax introduced in Ontario and British Columbia in 2010 (BC voters have since elected to scrap the HST). The goal is to make Canadian businesses more competitive. Canada’s tax status also improved thanks to reduced corporate and employee tax rates.
Canada leans on the U.S. economy heavily: it’s the biggest oil supplier to Uncle Sam and three-quarters of its exports end up in the U.S. each year. Yet while U.S. unemployment has stayed above 9%, it’s only 7.3% in Canada compared to the 25-year average of 8.5%. The eurozone unemployment rate is 10%.
We determined the Best Countries for Business by looking at 11 different factors for 134 countries. We considered property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance.
Denmark dropped from the top spot in 2010 to No. 5 this year as its relative monetary freedom declined as measured by the Heritage Foundation. Denmark’s stock market also fell 14%, which was the worst performance of any of our top 10 countries. Four other European countries in last year’s top 20 also dropped in the rankings, with Finland sliding to No. 13, the Netherlands to No. 15 Netherlands, Germany to No. 21 and Iceland to No. 23.
The U.S. ranked No. 10, down from No. 9 in 2010. The world’s largest economy at $14.7 trillion continues to be one of the most innovative, ranking sixth in patents per capita among all countries (No.7 overall Sweden ranks tops for innovation).
Bringing up the rear are three countries where the economies are smaller than $10 billion. No. 132 Burundi, No. 133 Zimbabwe and No. 134 Chad all fare poorly when it comes to trade and monetary freedom as well as innovation and technology. Chad has the highest GDP per capita of the three at $1,600, but scores last among all countries on both corruption and red tape.