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Structure of Angel Organizations 2.2 A ngel organizations can organize themselves in a variety of ways. In Canada, the majority of orga- nizations (66%) are structured as not-for-profit entities. A further 31% are for-profit entities (Figure 2). This is similar to previous years, although the proportion of for-profit organizations has increased (23% in 2019).
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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