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The revitalization of the Canadian venture capital sector

By Chris Arsenault

It was a good news day for Canadian entrepreneurs yesterday. The Prime Minister of Canada, the Right Honourable Stephen Harper, and Minister of Finance, the honourable Jim Flaherty, were in Montreal to announce their “Venture Capital Action Plan.”

Under this plan, the federal government will put $400 million to work under the leadership of private-sector fund of funds and venture capital funds.

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