Canadian Jewish Political Affairs Committee
Canada’s venture capital industry

A key to commercialization is access to early stage investment and venture capital. Some countries are creating the capacity through their tax system and direct government investment to attract venture capital investment. Israel in particular is focusing on the clean tech electric engine, electric cars, the jobs of the future, and the green economy of the future. In Canada the reality is that the venture capital industry is struggling. It faces a crisis. If we do not get this right there is going to be a dearth of discovery 10 years, 15 years out.