Venture Capital Has Strong Growth

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    The venture capital industry in Canada saw strong growth in 2015 and deal flow is expected to continue this year, says a report from the Canadian Venture Capital & Private Equity Association (CVCA). Venture deal volume grew 24 per cent over 2014 with 536 deals. Deal value rose 12 per cent to $2.3 billion. Exit values hit a record high of $4.3 billion, up from $1.5 billion in 2014, powered by a trio of large initial public offerings ‒ Shopify, ProNAi, and Davids Tea. By sector, information technology led the way, accounting for almost two-thirds of the volume and transaction value.