Some of Canada’s 12,000 Canadian-owned small tech and innovative companies have already folded while others are being bought at fire-sale prices by large U.S. companies. Unless the government takes stronger measures, things will get worse, business leaders say.
Person: Dan Kelly
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.
Business groups urge fewer R&D incentive programs and smarter policies to support innovation
Government needs smarter policies and regulations, not more R&D incentive programs, to support innovation, say business and innovator organizations.