The Venture Capital Action Plan (VCAP) was created in 2013 by the Government of Canada to encourage investment by private companies in early-stage companies. Its goal is to help small and medium-sized Canadian businesses grow and prosper. You can find a detailed graphic which points to the structure and distribution of government funds down to specific VC funds by clicking here.
What began as $500 million in commitments from the federal and provincial governments resulted in an additional $3.88 billion of private capital being attracted to the VC ecosystem, or $7.75 of private capital for every $1 of government funding. Read More.