Canadian startups trail international peers in exits and growth-stage funding, a new report by Charles Plant reveals. While Canadian startups founded in 2014 raised an average of US$30 million—second only to the U.S.—few advanced to Series B funding, with just 8.4% reaching this milestone.
Canada leads in IPO rates at 8.1%, but most were on junior exchanges, raising less than international averages. Acquisitions also lag, with only 10.4% of startups being bought, often out of financial necessity. Plant suggests a “go-to-market” gap, urging reallocation of government funds to support scaling efforts over early-stage R&D.
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