A recent panel discussion between venture capitalists and business leaders focused on small businesses and startups in Canada.
According to the Financial Post, Anthony Lacavera, CEO of WIND Mobile, cited unrealistic expectations curb too many Canadian entrepreneurs.
"Innovation is what we're lacking in this country on the scale that we need it," Michael Bloom, vice president of organizational effectiveness and learning at The Conference Board of Canada, told the Financial Post. "And we're starting to look at why."
Lacavera noted that venture capitalists in Canada were not as swift or aggressive as U.S. venture capitalists, missing out on dynamic opportunities.
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