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Investopedia explains 'Labor-Sponsored Venture Capital Corporations - LSVCC'
In Canada, LSVCCs, as a group, are the largest providers of venture capital. In fact, about 40% of venture capital is derived from LSVCCs. Canadian investors benefit from participating in LSIFs because not only are LSIFs eligible for RRSPs and other retirement plans, but they also yield both provincial and federal tax credits.
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