Backgrounder: Government of Canada announces Canada’s Venture and Growth Capital Plan

Backgrounder: Government of Canada announces Canada’s Venture and Growth Capital Plan

Current global trade uncertainty is impacting investors and companies, and disrupting the flow of venture capital (VC) investment necessary to help the start-ups of today to become the champions of tomorrow. That's why the Government of Canada is working to unlock more sources of private capital and is investing in venture capital and our homegrown start-ups in order to build a stronger, more resilient and independent Canada.

In this period of economic uncertainty, nations across the globe are accelerating their support for domestic champions. To secure Canada's future economic independence and growth, it is important to ensure that our domestic entrepreneurship ecosystem has a healthy pipeline of investment across all stages of development to foster the growth of our best and brightest start-ups.

The Government is committed to building a strong VC ecosystem that supports Canadian innovators. Through Canada's comprehensive venture capital approach we are focused on aligning efforts to:

Through a comprehensive suite of new investments, the Government will drive innovation and help build the next generation of Canadian anchor firms and fund managers, support economic growth, strengthen Canada's strategic and sovereign capabilities and build a more resilient Canada.

Venture capital as a tool for innovation