Canada stagnates while the US charges ahead: why VC in Canada is doing so poorly
In a recent piece for Asia Times, Desautels Professor Reuven Brenner shines a light on Canada’s VC culture, contrasting its sluggish returns with those of the US, which outstrips its northern neighbour across the border. Professor Brenner lays the blame on everything from Canada’s taxation schemes (which he says reduce the incentive to invest and sap the necessary capital that angel investors could put toward nascent entrepreneurs) to a weakened state of academia in this country.
One solution that Professor Brenner calls for is “a culture of disciplined, wide-ranging debate,” because it encourages innovation.
Read full article: , March 27, 2017
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