The federal government has heard the desperate calls to support Canada’s venture capital industry, and its latest budget has answered them loud and clear.
As part of the new fiscal plan, the federal Conservatives have set aside $400-million to create venture capital funds led by the private sector, and have also promised to give the Business Development Bank of Canada another $100-million to buttress its venture capital activities.
To read the full, original article click on this link: Government gets it right on venture capital - The Globe and Mail
