Canadian Financings

Q1 2023 Canadian Venture Capital Report – An Overview

Q1 2023 Canadian VC disbursements barely passed $1B with life support from governments and strong fundraising by Quebec companies. $146M raised by VC firms is of concern.

2022 Canadian Venture Capital Report – An Overview

Though down substantially from Canada’s best VC year 2021, 2022 managed to hold its place as the second best year since 2017. US and international invested $5.94B accounting for 63% of total disbursements.

First 9 Months 2022 Canadian Venture Capital Report – An Overview

Canadian VC continued downward spiral reaching $950M in Q3 2022 and $5.86B for first nine months of 2022. US investor share decreased from 56% in Q1 to 45% in Q3, any further drop would drag the total amount down further in Q4 2022.

H1 2022 Canadian Venture Capital Report – An Overview

H1 2022: US and foreign investors invested $2.62B and $689M or 55% and 15% of total disbursements respectively while Canadian investors invested $1.41B or 30% of total, up from historical low of 27% in Q1 2022.

Q1 2023 Canadian IPO Report

21 Canadian initial public offerings (IPOs) completed on Canadian exchanges and NASDAQ and raised $172.8 million in gross proceeds for Q1 ended March 31, 2023.

2022 $1B+ Fundraising Investment Funds

BlackRock Asset Management Canada led all investment fund managers in $1B+ fundraising funds in 2022, following by Fiera Capital, TD Asset Management, CI Investments, RBC Global Asset Management, I.G. Investment Management, BNY Mellon Asset Management Canada, 1832 Asset Management, Canada Life Investment Management, NT Global Advisors, Mercer Global Investments Canada

CPE Analytics Leaderboard

• 2021 Top Ten Exempt Financing Earning EMDs: Greybrook Securities Inc., Westcourt Capital Corporation, Pinnacle Wealth Brokers Inc., Raintree Financial Solutions Inc., Glores Securities Inc., Eventus Capital Corp., Skyline Wealth Management Inc., PowerOne Capital Markets Limited, Florence Wealth Management Inc., WhiteHaven Securities Inc.
• 2021 Top Ten Exempt Financing Earning Investment Dealers: Canaccord Genuity Corp., RBC Dominion Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc., Stifel Nicolaus Canada Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Haywood Securities Inc., Research Capital Corporation.