{"id":103240,"date":"2026-06-26T03:00:01","date_gmt":"2026-06-26T07:00:01","guid":{"rendered":"https:\/\/quotulatiousness.ca\/blog\/?p=103240"},"modified":"2026-06-24T11:32:09","modified_gmt":"2026-06-24T15:32:09","slug":"no-capital-formation-please-were-canadian","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2026\/06\/26\/no-capital-formation-please-were-canadian\/","title":{"rendered":"No “capital formation”, please: we’re Canadian"},"content":{"rendered":"

On the social media site formerly known as Twitter<\/em>, L. Wayne Mathison<\/a> identifies one of the biggest reasons the Canadian economy is falling ever further behind other industrialized nations:<\/p>\n

\"\"<\/a>

AI-generated image from L. Wayne Mathison<\/p><\/div>\n

Canada does not have a talent shortage.<\/p>\n

It has a capital formation shortage.<\/p>\n

In Q1 2026, Canada managed one growth-stage VC deal. One. Worth $1M<\/strong>.<\/p>\n

That is lemonade-stand money in a global tech race.<\/p>\n

The U.S. pulled in $267.2B in VC investment. Capital is not confused. It goes where risk is rewarded, scale is possible, and success is not treated like a moral offence.<\/p>\n

Carney and the Liberals keep talking about “building the economy” while presiding over a country where founders raise seed money here, then scale somewhere else.<\/p>\n

That is the real brain drain.<\/p>\n

Not just doctors. Not just engineers. Builders. Founders. Investors. People who can turn ideas into payrolls.<\/p>\n

They look at Canada and see taxes, red tape, weak productivity, political favouritism, and a government more interested in managing decline than getting out of the way.<\/p>\n

Carney was sold as the adult in the room. OK. Then explain this: why is Canada producing press releases while the Americans are producing companies?<\/p>\n

Because capital can smell fear.<\/p>\n

And right now, Canada smells like a country that punishes ambition, subsidizes failure, and calls it fairness.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

On the social media site formerly known as Twitter, L. Wayne Mathison identifies one of the biggest reasons the Canadian economy is falling ever further behind other industrialized nations: Canada does not have a talent shortage. It has a capital formation shortage. In Q1 2026, Canada managed one growth-stage VC deal. One. Worth $1M. That […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[831,6,25,84,53],"tags":[727,174,571,661,1365],"class_list":["post-103240","post","type-post","status-publish","format-standard","hentry","category-business","category-cancon","category-economics","category-government","category-politics","tag-cronycapitalism","tag-innovation","tag-investment","tag-regulation","tag-risk"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-qRa","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/103240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=103240"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/103240\/revisions"}],"predecessor-version":[{"id":103242,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/103240\/revisions\/103242"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=103240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=103240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=103240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}