Home Breadcrumb caret Industry News Breadcrumb caret Industry Tech sector to revitalize Canada This year will bring a wave of Canadian tech IPOs that will revive the sector. By Staff | January 19, 2015 | Last updated on January 19, 2015 1 min read Due to a resurgence in the Canadian tech sector, 2015 will be a breakout year for companies in that space, says Rick Nathan, managing director of Kensington Capital Partners. After witnessing declines in the mining, materials and oil and gas sectors, he adds, many investors are looking to technology for growth. Read: How smartphones will get smarter Tech sector trends to watch Nathan notes, “Over the past several years, Canada’s tech sector has seen very few companies achieve the scale and growth necessary for successful public offerings.” Now, however, “the market is much healthier and more receptive […] Last year saw a surge of IPOs in the U.S., and we anticipate 2015 will bring a wave of Canadian tech IPOs.” Read: U.S. startups received $48.3B in funding in 2014 IPO market triumphed in 2014 Further, Industry Minister James Moore says he’s committed to working with the private sector to strengthen all levels of Canada’s venture capital ecosystem. He adds, “Our […] ability to give Canadian entrepreneurs access to significant amounts of capital will create new jobs, help fund more innovative ideas and ultimately enable Canadian technology firms to build globally competitive businesses.” Read: How to reinvigorate companies you buy How to evaluate technology companies: Audio Tech and big data shake up utilities sector How tech is changing the way people work Delve into the tech sector: Audio Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo