Greetings!
The Public Affairs Update is your weekly insight, perspective and analysis on politics in British Columbia and Canada. This newsletter is brought to you by the largest, and most broadly-based business organization in the province, the BC Chamber of Commerce - the Voice of Business in BC. |
BC Holds Largest Investment Gain in Canada
|
Thomson Reuters has released a report indicating that investment in BC rose by 71 per cent in the second quarter of this year, compared with 2011.
The report also demonstrated that BC held the largest investment gain in the country, attracting more than 20 per cent of venture capital contributions in Canada. Further, Vancouver ranked as the second largest economic centre in Canada to receive venture-capital funding, after Toronto.
The BC Renaissance Capital Fund Ltd, founded in 2007, has worked to attract more than $159 million in new investment to date. Those recipient companies can be attributed to creating 968 full-time jobs in the province.
|