The Short Report: Supporting Black tech professionals; high-speed Internet for rural Quebec, new university Indigenous research policy; DND funding for COVID-19 technologies; record angel investment; writing off oil sands assets.
Organization: Hootsuite
Canada lacks policy and financing links to grow scaleups into global firms, say stakeholders
Better government policy and sustained financing from Canada’s big banks needed to grow scaleups into global firms.
Canada’s fastest-scaling private companies linked to cities with tech clusters
Tech clusters and Canadian cities with top tech markets attract the country’s fastest-scaling tech firms, according to research. But Canadian SMEs continue to face challenges scaling up.
John Ruffolo
Venture capital investor John Ruffolo is leaving OMERS Ventures, a fund he founded in 2011 as an arm of the Ontario Municipal Employees Retirement System pension plan. During his tenure as CEO, Ruffolo led the fund to invest in several of Canada’s most successful tech startups in recent years, including Hootsuite and Shopify, and grew…