Big money to scale up our most promising, young companies often from the United States

And many of the most promising early-stage companies that go public do so on American, not Canadian, stock exchanges, where they can quickly fall under the control of U.S. private equity.

Canada’s rich Strategic Innovation Fund and the equally rich Net Zero Accelerator are mainly subsidizing foreign corporations to locate in Canada where they can generate wealth for their foreign parents, writes David Crane. Image courtesy of Pixabay

Opinion

BY DAVID CRANE

December 12, 2022

TORONTO—In a recent article, Stephen Toope, the new president of the Canadian Institute for Advanced Research (CIFAR), and his predecessor, Alan Bernstein, (The Hill Times, Dec. 6, 2022) pointed to the key roles played by Canadian scientists in developing safe and...

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