Canada’s venture capital system is about to get a $400-million facelift. Federal Finance Minister Jim Flaherty is awaiting a report on how to fix the problematic financing regime that Canadian start-ups rely on to help fund their growth.
Can Ottawa pull it off this time and help propel Canadian start-ups into high-growth companies?
Earlier, Report on Business reporter Sean Silcoff explored this question with a panel of entrepreneurs and experts from the venture capital industry. Joining him were John Ruffolo, chief executive officer of OMERS Ventures; Leo de Bever, chief executive of Alberta Investment Management Corp.; Paul Lem, CEO of Spartan Bioscience Inc.; and Matt Golden, managing director of Golden Venture Partners.
Click the video player below to watch our broadcast on the challenges facing Canada’s venture capital system.