2023 Report on Angel Investing in Canada 121923W6

EXECUTIVE SUMMARY Investment Activity in 2022

42

Increased Angel Activity in British Columbia FIGURE F

Considerable Variation Among Valuations FIGURE G

35

30

25

20

15

Atlantic 3.4%

Quebec 7.2%

10

Northern Ontario 9.6%

Southern Ontario 42.6%

Prairies 3.7%

British Columbia 33.5%

5

Valuations ($M) Up to $2M $2-4M $4-6M $6-8M $8-10M $10M+

2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

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