Shopify President criticizes Canada's tech sector for lacking ambition, hindering independent growth and competitiveness against US firms.

Shopify Inc. President Harley Finkelstein has criticized Canada’s tech sector for a "lack of ambition," which he calls "the 600-pound beaver in the room." He argues this mentality leads to Canadian companies being acquired rather than growing independently, weakening their competitive stance against U.S. firms. Finkelstein encourages Canadian businesses to aim higher and establish more headquarters in Canada, rather than operating as subsidiaries of larger entities.

October 02, 2024
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