The Canadian government is in talks with Canada's Northleaf Capital Partners and HarbourVest Partners LLC, a U.S.-based investment manager, to oversee a portion of its funds targeted at promoting new venture-capital investment, according to people familiar with the matter.
Canada has made venture-capital financing a key part of its strategy to foster long-term economic growth, betting the move will foster innovation and spur the creation of new companies and high-paying, skilled jobs. It has committed to invest...
To read the original article: Canada in Talks to Allocate Venture-Capital Funding - WSJ.com
