
Catherine McIntyre
Reporter at The Logic
Reporter @the_logic, formerly @thismagazine, @cdnbiz, @macleans | [email protected]
Articles
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1 week ago |
thelogic.co | Catherine McIntyre
TORONTO — Funding for Canadian startups is scarce and likely to get scarcer, according to a new report from the Business Development Bank of Canada (BDC), which paints a dire picture of the country’s venture capital market that’s been stifled by a trade war with the U.S. In its 2025 market report, BDC—a federal Crown corporation and the largest venture capital investor in Canada—describes weakening investment returns and companies running out of cash as deal making dwindles and VC investors...
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1 week ago |
thelogic.co | Catherine McIntyre
The B.C.-based software company is reportedly closing the deal this week led by Silicon Valley investment firm TCV. Existing Jane investors will sell secondary shares to TCV—also known as TCMI— rather than the company issuing new equity shares. Jane did not respond to The Logic’s request for comment. (The Globe and Mail)Talking point: Jane’s value is now three times higher than it was in 2021 when U.S. firm JMI bought more than US$100 million in shares in another secondary deal.
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1 week ago |
thelogic.co | Catherine McIntyre
Caisse de dépôt et placement du Québec CEO Charles Emond said the pension fund will increase its investments in U.K. assets by 50 per cent, as the government drastically ramps up infrastructure spending. (Financial Times)Talking point: “We’d like to be a partner of trust and choice in the U.K.,” Emond told the Financial Times, highlighting the “huge opportunity” to invest in the forthcoming slate of infrastructure projects in their early stages.
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2 weeks ago |
thelogic.co | Catherine McIntyre
The B.C.-based billionaire is bidding on more than 20 Hudson’s Bay leases and would operate the stores under a new name, she said in a social media post. (Vancouver Sun)Talking point: Liu, the founder of real estate investment firm Central Walk—which owns Delta, B.C. mall Tsawwassen Mills—said she bid to acquire the insolvent retailer’s intellectual property. She lost to Canadian Tire, which will buy those assets, including the Bay’s iconic stripes branding, for $30 million.
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2 weeks ago |
thelogic.co | Catherine McIntyre
TORONTO — A made-in-Canada tax scheme that’s been a boon for mining companies could soon be used to try and spur investment in tech startups in the country. The tax policy, known as flow-through shares, was amongst those included in Prime Minister Mark Carney’s campaign platform in April. If made official policy, flow-through shares would be used to lure private investors to back research and development at early-stage companies in the same way investors fund exploration at potential mining sites.
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