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Money · Canada

Ottawa sets out $1.75-billion venture-capital plan

Published by · · Toronto

The federal government announced two venture-capital programs totalling $1.75 billion. A $1-billion Growth Venture Capital Catalyst Initiative would allocate $700 million to funds-of-funds, $200 million to life sciences and $100 million to emerging managers. A separate $750-million strategy targets seed through growth stages. Ottawa expects the package to attract at least $3.8 billion in private capital; that figure is a government forecast.

Why it matters

The structure could shape which Canadian companies and fund managers gain access to growth financing.

Source dated October 22, 2026 · Innovation, Science and Economic Development Canada ↗

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