Canada's venture capitalists settled into a new normal marked by fewer and more cautious investments last year — and a new report suggests the pattern will continue.
"We've entered into a more challenging time," said Jérôme Nycz, executive vice-president at BDC Capital. The new outlook has come after a bull market produced more than 100 Canadian unicorns — startups with $1-billion valuations — in the last 25 years.
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