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The National Angel Capital Organization (NACO) has released its annual report on angel investing activity in Canada for 2017.

The report, which is based on a survey of 43 angel groups across Canada, was developed in partnership with the Government of Canada, BDC Capital, RBC, BDO, Ryerson Incubate, and Innovate Network Canada. The report highlights key trends and statistics of Canada’s angel market, and finds that angel groups are continuing to support entrepreneurs at all stages including those seeking first-time investments and follow-on investments.