Lucy Hargreaves, CEO of Build Canada, highlights research showing a sharp decline in Canadian-founded tech startups keeping headquarters in Canada from 2015–2024. Despite strong talent and resources, she argues Canada has embraced “safe incrementalism” rather than bold nation-building, stifling ambition. This trend forces entrepreneurs to look abroad, raising concerns about competitiveness, innovation, and the country’s ability to retain homegrown companies in a rapidly evolving global tech economy.
Canada’s brain drain crisis: Why tech startups are fleeing
