Canadians: Think Globally, Act Locally

I've been reading a lot recently about how culture and general timidity have prevented leading Canadian companies from expanding globally.

The flip-side seems to be a lack of Canadians willing to invest locally.

It seems VC money is flowing in Canada, but it is from foreign sources. Now, I have no problems with the global flow of capital, in fact, I actively support that. A country such as Canada should be welcoming of VC money from the US and elsewhere. But here's the money quote:

So while the news of VC investments is good, "we need strong Canadian investors if we want strong Canadian companies," says Rick Nathan, president, CVCA and managing director of Kensington Capital Partners.

So true.