Home Archive for category "Economy"

It’s Now or Never for the Gordie Howe International Bridge

News item: Proposed $4B Gordie Howe International Bridge “is an extremely complicated project” I’m not sure that counts as news per se, but it does open up a topic that’s overdue for discussion. I can’t help but think back to December 15, 2015; when I was Chairman, Dec. 15th was the RFP release date in

 
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Increased Q1 2016 VC deployment masks drop in Canadian deals

Just as one starts to feel good about the state of the Canadian venture capital ecosystem (see prior post “Flaherty’s VCAP doing its thing with new IVP and iNovia fund announcements” Jan. 27-16), you can’t forget that there is still a long way to go before we reach a “happy place.” Thanks go to Mike

 
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What’s up with Ontario’s Scale Up Ventures?

It has been nine months since Ontario Premier Kathleen Wynne announced that Ontario taxpayers were committing $25 million to a new $50 million venture capital fund that will provide not just capital, but mentorship from a host of senior Canadian business leaders. One requirement was that entrepreneurs had to be running a “successful early- stage

 
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Decade of Daddy Mirror Fund goes to cash

It has been more than seven years, and the strategy of the Decade of Daddy Mirror Fund has served us very well (see prior post “Decade of Daddy Mirror Fund Q4 Report” Jan. 16-14). Starting with $40 million of play money on July 1, 2008, the fund has more than doubled to date. That’s right:

 
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9% Commercial Loan growth looks good for banks, economy

Published on August 5, 2014 by in Economy

It is so easy to fret about the Canadian economy. Lacklustre job growth, Ontario’s oppressive government debt, regular plant closings…. And yet, when one looks at the balance sheets of Canadian banks, businesses are actually taking advantage of unusually low interest rates and putting their bank lines to work. Over a twelve month period, net

 
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