News Summary

Jill Earthy, CEO of InBC Investment Corp., a provincial Crown corporation with $500 million in capital, discusses the challenges and opportunities in Canadian venture capital. Recorded live at Web Summit Vancouver, Earthy highlights the importance of increasing domestic investment to improve the health of Canadian VC. She notes the current issues of limited deals, poor returns, and reliance on foreign investment, which necessitate a ‘wake-up call’ for more domestic participation. Earthy shares her insights on fostering BC’s tech ecosystem and her plans for future InBC fundraising, potentially integrating private capital to enhance the early-stage investment landscape.