|
IT Financing in Canada
The Role of Canada’s Government in IT Financing
The Canadian Government endorses the start-up and the success of
IT ventures within their country. The Ministry of Industry and his
department works with Canadians throughout the economy and in all
parts of the country to improve conditions for investment, improve
Canada's innovation performance, increase Canada's share of global
trade and build a fair, efficient and competitive marketplace.
Program areas include developing industry and technology capability,
fostering scientific research, setting telecommunications policy,
promoting investment and trade, promoting tourism and small business
development, and setting rules and services that support the
effective operation of the marketplace.
Source: Industry
Canada's Corporate Information Site
Venture Capitalists in Canada
There are many different types of venture capital firms located
throughout Canada that fund not only Canadian IT ventures but ventures for
firms worldwide – especially those who have a global vision. The venture
capital community is very active in Canada. The most well-known
intermediary bringing together IT investors and new IT companies is The
Financing Forum (www.financingforum.com
). It is the largest venture capital fundraising showcase in the country.
Twice a year, Canada's most prestigious information technology investors
and the CEOs of Canada's hottest emerging IT companies get together and
talk business. The success of The Financing Forum is based on its
outstanding network of Canada's most active IT investors and its leading
edge line-up of carefully selected companies. IT investors rely on The
Financing Forum as a source of high quality companies showing great
potential for rapid growth. Companies looking for financing know that they
are networking with the best and most active investors interested in
Canadian IT investments.
Source: Canada News
In addition, IT companies receive growth capital from numerous other IT
investing firms such as:
Canada’s Stock Markets
Due to the size and nature of the financing community within Canada,
Canada has their own stock exchanges that are very involved in the IPOs of
the information technology companies in Canada. Canada’s markets include
:
- Alberta Stock Exchange
- Montreal Stock Exchange
- Toronto Stock Exchange (TSE) – largest and primarily where IT
companies stock is traded
- Vancouver Stock Exchange
- Winnipeg Commodity Exchange
- Winnipeg Stock Exchange
|