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canada

* The C$400 mln was announced in budget

* Ottawa wants to keep entrepreneurs, woo back investors

* Venture fundraising has dropped since dot-com bubble

* Gov't wants to attract foreign expertise and capital

By Leila Lemghalef

MONTREAL, Jan 14 (Reuters) - Canadian Prime Minister Stephen Harper announced a plan on Monday to provide C$400 million ($408 million) in venture capital to stem the loss of young entrepreneurs to the United States and to rekindle investor interest in providing start-up funds for new ventures.

To read the original article: UPDATE 2-Canada sets plan to resuscitate venture capital sector | Reuters