Report gives Canada poor marks on innovation, venture capital

A report by the Conference Board of Canada says Canada performs poorly on most of the 21 indicators in this year’s Innovation Report Card. It found Canada ranks second-to-last among its peers in venture capital investment and business R&D spending. Among its conclusions, the Conference Board said Canada needs a larger and more dynamic equity and venture capital industry able to invest in domestic seed, start-up, and early-stage companies.

5 April 2013•3 mins read
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