This translation has been automatically generated and has not been verified for accuracy.A spokesman for International Trade Minister Mary Ng – seen here in Toronto on March 9, 2020 – whose department oversees the program, said despite 'an internal decision by Hamilton Lane' to drop out, the government was 'encouraged' that it will maintain an office in Canada and still invest here.U.S.
it spent $1-billion less than planned in the past fiscal year, largely because of a delay in spending for innovation programs. The four managers, which in turn backed venture funds that directly backed startups, raised $1.4-billion from private and public sources, fuelling what is now a flourishing domestic technology sector. Last year, venture-capital firms invested $7.3-billion in Canadian technology companies, according to market data firm Refinitiv, second only to 2000 levels, adjusting for inflation.
The government announced the winners in June, 2018, giving them until year’s end to hit the “first close,” and one more year to reach final targets. With funding from both Ottawa and Quebec, Teralys met its $400-million target first, in December, 2018. Northleaf, Kensington and HarbourVest followed in 2019, raising $300-million, $150-million and $300-million, respectively.
GlobeTechnology The person that should have pulled out was Castro from Margaret
GlobeTechnology Any response from the minister of middle class or she gone into hiding? 😂😂
GlobeTechnology Does PM Black Face White Beard Empty Head look confused, or is it just me?
GlobeTechnology Trudeau’s Canada - CLOSED for business.
GlobeTechnology And another one bites the dust
cheerio46 GlobeTechnology What took them so long!
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GlobeTechnology Liberals cannot continue to blindly support this person while he systematically dismantles our economy. It will take decades to repair the damage done if at all.
Canadabuster GlobeTechnology Guess they heard about Warren Buffett eh
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GlobeTechnology The Trudeau effect strikes again,sooner or later the east has to wake up and see that Trudeau is no good for Canada.Once the freebee money runs out it may hit home .
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GlobeTechnology Yes, investors are fleeing Canada because of the Liberals, who were in power for 4 years before yet they still did not flee. SO it TOTALLY HAS to be the Liberals. No other reasons, even though ALL of them stated reasons, HAS to be Liberals. Harper is to blame for Target, too.
GlobeTechnology And another one
GlobeTechnology This idiot is ruining this entire country day by day.
GlobeTechnology Atta boy Justin, keep doing that great job! Thank you Toronto voters as well for voting in this imbecile.
GlobeTechnology Anyone else see a trend here? the libs are literally chasing investment and innovation out of Canada. When will CDN’s clue in and punt this liberal gov out of power?
GlobeTechnology Canadian investment when it sees JustinTrudeau
GlobeTechnology Trudeau's failure to protect business and investment in Canada has implications to hard working Canadians and our economy. He is a failure and he is failing Canada and Canadians. He is not fit to lead.
GlobeTechnology more $$$ fleeing Canada due to uncertain business climate caused by Trudeau Liberals.
GlobeTechnology The exodus continues...
GlobeTechnology Liberals doesn’t have the MIDAs touch! Whatever they touch grumbles to SHIT! Thank trudeau and his minions for doing a great job in destroying canada! Now gotta light that recommended MJ that trudeau suggested so I can be in a rainbow world!
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GlobeTechnology to all you einsteins
GlobeTechnology Absolutely by far the weakest and most destructive PM in the history of Canada. When your focus is on socks and group hugs and not the economy this is what happens.
GlobeTechnology liberal_party will always vote for traitors over Canadians and common sense politics.
GlobeTechnology Canadian tech & life sciences firms need Gov’t to buy their products & services. We need to fund more implementation, not innovation, to ensure success of startups in crossing the valley of death. Focus on developing an active home market. Most companies have to sell abroad.
GlobeTechnology Tell us again Bill_Morneau that investment in Canada is not dead. How come Liberals can never be truthful about the state of the economy in Canada? Are they afraid Canadians will find out they’re doing a bad job? cdnpoli CMcKennaOttawa
GlobeTechnology The liberal_party doing what it does best. Chasing investment out of Canada. Bravo, Bravo 👏👏👏 What do you do for an encore JustinTrudeau ? TrudeauMustGo
GlobeTechnology Another one bites the dust
GlobeTechnology Trudeau must go