With the Government of Canada set to drop its budget in two weeks, two organizations that represent Canadian technology investors are lobbying for the feds to “recognize the importance of a unified capital strategy” for innovation funding.
In a recent joint letter to finance minister François-Philippe Champagne, the National Angel Capital Organization ( NACO ) and Canadian Venture Capital & Private Equity Association ( CVCA ) argue that Canada’s innovation economy has been “constrained” by a fragmented capital landscape that often forces companies to relocate abroad or sell prematurely.
NACO and CVCA argue the feds need to make supporting Canadian tech “a national priority.”
In their letter, NACO CEO Claudio Rojas and CVCA board chair Jeannette Wiltse assert that the country needs to ma

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