Ontario Leads VC Activity with local Investment

Jul 9, 2010

Ontario – There’s no doubt that over the past several years Canada’s venture capital industry has faced some difficult times.

Three years ago, Ontario decided to step up to the challenge.

The province recognized that without a strong venture capital industry, our best opportunities, our most vibrant companies, would have no choice but to seek investment outside our borders. And all too often, these companies would then follow the money and locate elsewhere just as they are on the cusp of generating profits, jobs and tax revenues.

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