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Where’s all the Business Funding in Canada?

  • 5% of all businesses in Canada closed down in June, with the lowest rate of new business openings in over a year.
  • Half as many Canadians are starting businesses today compared to 20 years ago, despite record population growth.
  • VC success stories and large government grants are reported, but the overall business funding situation in Canada is not running smoothly.
  • Suggestions to improve the Canadian startup ecosystem include implementing changes to support startups and small & medium enterprises (SMEs).

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