Despite a few Wattpad sized deals, with government (or quasi-government) backed funds filling a void of private investors, all the evidence suggests that venture markets in Canada are not working as they should.
After the Nexen deal was approved, Prime Minister Stephen Harper framed this as the "end of a trend" not the "beginning" of a buyout frenzy by more sovereign-owned enterprises (SOEs). But this is not the end. This is the beginning of the beginning. Phone calls are already being made to launch new buyouts by foreigners here.
CBC -- The London Stock Exchange Group has sweetened its bid to buy the company that owns the TSX, promising a $4 per share