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Trudeau's Plan To Lure Silicon Valley Investors To Canada

by cnbc.com posted 1year ago 454 views
Thanks in part to a large-scale government commitment to supporting high-growth job-creating businesses, many homegrown start-ups are attracting financing from both Canadian venture capital firms and U.S. firms, which often invest alongside them. Last year Canada saw four venture capital deals above 100 million Canadian dollars (USD $76.3 million as of Feb. 23), compared to 2015, when there were none, according to the Canadian Venture Capital & Private Equity Association. "Tech is seen as an important sector for the country," says Zuckerman.