It’s not all doom and gloom for business in Canada despite a loss of competitiveness and waning confidence. It is a great time to be a tech entrepreneur in Canada, says Erin Bury, startup aficionado and managing director of creative communications agency Eighty-Eight in Toronto.
Although the Canadian tech scene struggles to commercialize its ideas and transform startups into large companies, it has nevertheless grown by leaps and bounds over the last decade. Canada now has several robust tech ecosystems, venture capital support, and accelerator programs. It’s firmly on the government’s radar given the programs and grants aimed at boosting hiring and alleviating the cost of training and skills development.