Canadian Tech Rally? Three Ways it Could Happen

Nick Waddell · Founder of Cantech Letter
August 2, 2011 at 1:59pm ADT 1 min read
Last updated on January 5, 2021 at 7:42am ADT

In the US, they’re talking about another tech bubble. With LinkedIn, Pandora and Zillow already public and Facebook, Groupon, Twitter and FourSquare surely not far behind, the valuations are off the charts. In Canada, however it’s a different story. Canadian listed technology companies are still struggling in the considerable shadow of resource plays. So what would it take for tech to heat up again in Canada? This month, we look at three sparks that could ignite a tech rally on this side of the border.

First we look at the prospects of Canada’s “Tech Triangle” becoming the next Silicon Valley.

Then we look at how Alberta’s oil and gas technology has become the world’s best…

A green revival is underway in Vancouver. Can LotusLand finally become a Cleantech Mecca? We talk to Westport Innovation’s David Demers.

Finally, we talk to Steve Palmer of AlphaNorth Asset Management. As of their last update in June, The AlphaNorth Partners Fund was up 30.3% so far this year, and a whopping 160.6% over the past calender year. A $100,000 investment in the fund in January 2008 is now worth just under $400,000. Palmer recently increased the weighting of his technology holdings.

Author photo

Nick Waddell

Founder of Cantech Letter

Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.

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