Angel Investors – Asia Times

Venture capital funding for startups in Canada is constrained by government policies such as high tax rates and a lack of constructive, wide-ranging debate in the country's educational establishment about business investment. Photo: iStock/Lightcome

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The culture of innovation: VC truths vs. academic lip service

by Reuven Brenner March 25, 2017

A few years ago, the Canadian federal government asked me to explain the dismal performance of venture capital in the country. The 10-year average return of VC funds in Canada for the period 1995-2005 was 2.5%, compared with 20.7% for US funds — the various Canadian government-sponsored funds made even lower returns. In 2007, while […]