MONTREAL, Jan 14 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.
The money comes in response to consultations that showed venture capital returns have been poor across the world and venture-capital fundraising in Canada has declined since 2001 following the burst of the dot-com bubble.
To read the original article: Canada Sets Plan to Resuscitate Venture Capital Sector - Advanced Trading
