Thanks to the success over the past couple of decades of a number of internationally competitive Canadian technology companies, such as Research In Motion, RuggedCom and Sierra Wireless, to name a few, Canada enjoys a world-class technology ecosystem that includes experienced, highly skilled entrepreneurs, scientists, engineers, executives, venture capital professionals and financiers. Unless the federal government moves soon to address the shortfall of venture capital, the ecosystem we have carefully nurtured over the past two decades could disappear very quickly and we will lose the experienced venture capital professionals, entrepreneurs and others that are required to build and develop successful technology businesses. It would take generations to recover from that loss. Originally published in
The Globe and Mail, the full text of this article can be read online from
The Globe and Mail's website.
Bennett Jones