Foreign VC Investment in Canada Down More Than 50% in 2008

Industry Canada reports that foreign VC investment in Canada is down 53% in 3Q08 compared to 3Q07.

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The bulk of investment is going towards ICT and Life Sciences deals.

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Ontario, Quebec and BC account for the majority of deals, with only Quebec showing growth in number of deals. where

The good news is that BDC investments of tax payer money continue to get good leverage –

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