PwC Canada’s 2017 MoneyTree Canada Report shows it was an excellent year for new Québec companies.
Indeed, 4 out of 5 of 2017’s largest funding agreements took place in Québec, including one for Québec City’s LeddarTech. Montréal received the highest venture capital investment of all Canadian cities, i.e. $800M, which represented a 64% increase.
AI (with a 460% increase) and financial technology startups were particularly successful in attracting investors.