Person: Frank McKenna

Canada growing more $1-billion “unicorn” companies, global startup ecosystem report shows

More Canadian companies are remaining in Canada to grow “unicorns” (firms with a $1-billion or more valuation) rather than selling early to foreign entities, according to data in Startup Genome’s 2022 Global Startup Ecosystem Report. Meanwhile, in Atlantic Canada the number of startups slowed for the second year in a row, according to a separate report by Nova Scotia-based Entrevestor.

Leveraging ocean science as an innovation engine for Atlantic Canada

RE$EARCH MONEY editor Mark Henderson recently spoke to John Risley, Nova Scotia’s widely-recognized seafood baron and one of the province’s most influential corporate citizens, about Atlantic Canada’s strategy and prospects for becoming a global innovation hub of ocean-related science.