Better government policy and sustained financing from Canada’s big banks needed to grow scaleups into global firms.
Tech clusters and Canadian cities with top tech markets attract the country’s fastest-scaling tech firms, according to research. But Canadian SMEs continue to face challenges scaling up.
Venture capital investor John Ruffolo is leaving OMERS Ventures, a fund he founded in 2011 as an arm of the Ontario Municipal Employees Retirement System pension plan. During his tenure as CEO, Ruffolo led the fund to invest in several of Canada’s most successful tech startups in recent years, including Hootsuite and Shopify, and grew…