Industry minister echoes Shopify calls to boost ambition in Canada

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TORONTO — Canada's industry minister has thrown his support behind a call from one of Shopify Inc.'s leaders for the country to get more ambitious.

TORONTO — Canada's industry minister has thrown his support behind a call from one of Shopify Inc.'s leaders for the country to get more ambitious.

Among the buzziest talks was one from Shopify president Harley Finkelstein, who told the audience on opening night that he had noted a lack of ambition in Canada that he likened to a"600-pound beaver in the room." "When someone calls me and says, 'I'm thinking of selling my company to Google,' my usual answer is, 'Have you ever thought about one day you buy Google?'" Finkelstein said.

She added the country has to address the lack of tax incentives, willingness to use and purchase Canadian software, and funding for companies, especially in their infancy or"seed stage." It isn't expected to come into effect until at least next year, so Champagne has been using a voluntary code of conduct as a stopgap.

 

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