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Canadian Tech Is Having a Moment. The Trick Is Not to Mess It Up

Silicon Valley venture firms are hustling to Toronto, Waterloo, Montreal and Vancouver to invest in Canadian startups.

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The Stars Align for Canadian Tech

Not so long ago, Canadian tech entrepreneurs had a long list of grievances: a dearth of early and late-stage funding, long visa wait times for foreign hires, local corporations that wouldn’t buy their products, the best and brightest decamping for Silicon Valley.

Fast forward to today, and those problems have largely evaporated. Justin Trudeau’s Liberal government, eager to brand itself as innovative, has given tech leaders pretty much everything they asked for, including special fast-track visas for tech workers and hundreds of millions of dollars in venture capital money and support for artificial intelligence research.