Dmz

ChristianChan via Getty Images

Subsidizing Private Sector Risk Makes Canada Less Competitive

Almost all innovation policy and spending by the Ontario and Federal Governments are focused on subsiding private sector risk. These kinds of government programs create artificial gatekeepers, arbiters empowered to make capital allocation decisions despite never having "been there and done that" -- or often being less qualified to evaluate a new billion-dollar-plus opportunity than the startup founders they are judging.
ChristianChan via Getty Images

Subsidizing Private Sector Risk Makes Canada Less Competitive

Almost all innovation policy and spending by the Ontario and Federal Governments are focused on subsiding private sector risk. These kinds of government programs create artificial gatekeepers, arbiters empowered to make capital allocation decisions despite never having "been there and done that" -- or often being less qualified to evaluate a new billion-dollar-plus opportunity than the startup founders they are judging.
DMZ

Meet the Millennial Executive

Abdullah Snobar is the executive director of Ryerson University's DMZ business incubator, ranked first in Canada and fifth in the world. That puts Snobar in charge of the downtown Toronto home to over 400 entrepreneurs and 50 employees.