Venture well: Northern exposure
As U.S. venture capital investment in Canada returns to pre-2002 levels, Quebec has been the biggest benefactor. In the first nine months of 2004, U.S. venture capital firms invested C$88 million ($73 million) in 11 Quebec companies, compared with just C$51 million in all of 2003 and C$49 million in 2002. And the pace accelerated in the third quarter. It was just a drop in the bucket in the context of U.S. venture investments – which came to $15.5 billion in the first three quarters Continue reading →

