Shopify President Calls for Greater Ambition in Canada's Tech Sector

Shopify President Calls for Greater Ambition in Canada's Tech Sector

1 minute read
Updated 12 hours ago

The Ambition Gap

, President of , emphasized 's need for more ambition to foster growth in its tech ecosystem and economy, likening the issue to a "600-pound beaver in the room."

He criticized Canada's startups for being overly passive, often leading to acquisitions by companies, and expressed a desire for more Canadian companies to remain headquartered in Canada.

Overcoming Hesitance and Taking Risks

Finkelstein suggested that the government should engage with the tech sector to identify how it can assist, pointing out the need for policy changes and sometimes just to "get out of the way."

Jordan Jacobs, from Radical Ventures, echoed the call for risk-taking, highlighting Canada's cautious approach as a barrier to innovation, especially in rapidly advancing fields like AI.
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