{"id":39242,"date":"2009-11-10T09:10:43","date_gmt":"2009-11-10T14:10:43","guid":{"rendered":"http:\/\/www.pehub.com\/?p=55209"},"modified":"2009-11-10T09:10:43","modified_gmt":"2009-11-10T14:10:43","slug":"canadian-vc-activity-hits-13-year-low","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/39242","title":{"rendered":"Canadian VC Activity Hits 13-Year Low"},"content":{"rendered":"

\"\"<\/a>TORONTO (Reuters) – Activity in Canada’s venture capital market hit a 14-year low in the third quarter, tumbling 51 percent to $191 million from the same period a year ago as uneasy investors stayed out of the market.<\/p>\n

According to data put out by the Canadian Venture Capital and Private Equity Association (CVCA) and Thomson Reuters, the province of Ontario saw the steepest fall in investment, sagging to $24 million from $179 million a year earlier.<\/p>\n

For all of Canada, venture capitalists invested only $682 million in the first nine months of the year, compared with $1.1 billion in the January-September period last year.<\/p>\n

“There is increasing frustration in finding co-investment partners to fully capitalize companies to be successful and compete globally,” said Greg Smith, president of the CVCA.<\/p>\n

At the current rate, venture capital is seen coming in under $1 billion for the full year, something it has not done since 1995.<\/p>\n

Canadian venture capital activity is also down abroad, with funds investing only $38 million around the globe in the third quarter, compared with $151 million a year earlier.<\/p>\n

At the same time, U.S. venture capital funds and other foreign investors boosted their presence in the Canadian market, bringing $77 million to deals, accounting for a hefty 40 percent of total activity.<\/p>\n

($1=$1.05 Canadian) (Reporting by Pav Jordan; editing by Rob Wilson)<\/p>\n

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TORONTO (Reuters) – Activity in Canada’s venture capital market hit a 14-year low in the third quarter, tumbling 51 percent to $191 million from the same period a year ago as uneasy investors stayed out of the market. According to data put out by the Canadian Venture Capital and Private Equity Association (CVCA) and Thomson […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-39242","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/39242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=39242"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/39242\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=39242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=39242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=39242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}