ECONOMIC RECOVERY The economic recovery from the pandemic presents a unique opportunity to break Canada’s weak track record on innovation through inclusive growth. Canada performs poorly on business investment in R&D, technology adoption, productivity and patent generation and protection, and our record on inclusion and equity is poor, write Dan Breznitz and Daniel Munro. But we…
Topic: capital market
A group of top Canadian banks and insurance firms are backing a fund that will help Canadian companies grow locally by filling an identified void in the capital market.
Ontario has announced a life sciences venture capital initiative to provide provincial firms with much-needed capital to grow their business. The Ontario Capital Growth Corporation (OCGC), the agency managing the province’s VC interests, is seeking fund managers who can leverage the province’s $50-million investment.