INVESTMENT ACTIVITY IN 2022 Investment Characteristics: Regional Distribution
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and investments have dropped significantly from 2019 (with its rise in its share of investment dollars in 2021 not being maintained in 2022).
it accounted for 42.6% of the total in 2022, a slightly lower share than in 2020 and 2021. The Western re- gion had the second-highest share of investments, at 33.5%, a share that has risen over the past four years. Northern Ontario (9.6%) had the third-highest share of investments in 2022, followed by Quebec (7.2%). The Prairies and Atlantic Canada (3.7% and 3.4%, respec- tively) have the lowest shares of investments, which has been the case for the past three years (Figure 25). But here again, Northern Ontario dominates investment ac- tivity with the highest number of investments on a per capita basis, followed by British Columbia and South- ern Ontario (Table 10). There are considerable year-on-year fluctuations in each region’s share of investment activity. However, two clear trends are apparent. First, British Columbia has seen a significant increase in both its share of dol- lars invested since 2019 and also its share of invest- ments. Second, Quebec’s share of both dollars invested
New and Follow-on Investments by Region FIGURE 22
Follow-on New
1.0
62%
60%
78%
0.8
0.6
0.4
40%
38%
22%
0.2
0
Central Canada
Atlantic Canada
British Columbia
2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA
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