Prime Minister Justin Trudeau announced today that the federal government is investing $52.4 million in a Scale-Up Platform, which will see CommunitechMaRS Discovery District, and Invest Ottawa come together to support Canadian tech companies.

“For the first time in decades, we have a crop of scale-ready firms that are on the path to $100 million.”

“When it comes to innovation, Canada is home to countless success stories,” Trudeau stated, as he made the announcement at Communitech in Kitchener. “We have all the right ingredients to lead the future, a future where tech and innovations are engines of prosperity.”

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