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ARTICLE · 31 JULY 2019

Legal Considerations In Tech Lending

McCarthy Tétrault
McCarthy Tétrault
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McCarthy Tétrault

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Canada's tech industry is booming. The last census estimated that Canada's tech sector contributed $83.5 billion to national GDP.

CanadaTechnology
CyberLex Blog
CyberLex Blog
Ana Badour
Ana Badour
Ian Mak
Ian Mak
D.J. Lynde
D.J. Lynde
Conrad Lee
Conrad Lee
Arie Van Wijngaarden
Arie Van Wijngaarden
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Canada's tech industry is booming. The last census estimated that Canada's tech sector contributed $83.5 billion to national GDP. Growth in Canadian tech is expected to continue. Employment in digital occupations is expected to rise by 8% by 2026 according to Employment and Social Development Canada's (ESDC) Canadian Occupational Projection. The federal government has also pledged to invest $950 million as part of its superclusters initiative in furtherance of Canada's world-leading position in quantum computing and artificial intelligence.

Growing technology companies need capital and, as a result, there has also been growth in financing tech enterprises. Financing options include raising equity on the public markets, venture capital, private equity, and debt financing.

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