News Summary

The abrupt termination of entrepreneurship support programs in Québec has highlighted the risks of Canada’s innovation ecosystem being overly dependent on government funding. This dependency creates significant disruptions in company growth, mental distress among entrepreneurs, and risks to projects. The government acting as the primary funder leads to a distorted client-supplier relationship, where priorities are dictated by the payer, not the users. The situation calls for a rethinking of the ecosystem, advocating for diversified, hybrid funding models to enhance resilience and better serve Canada’s economic development.