Is BDC too big to change?

"BDC is powerful in the sense that it can make or break a fund… And a lot of people are trying to close funds right now."

In 2022, the federal government commissioned a report asking Canada's VCs what they thought about Crown corporation BDC. The report was effectively forgotten, and the feedback was never actioned. Why? What did the report have to say about Canada's largest venture investor? And with Canadian VC in a multi-year lull, is BDC's "steady hand" approach preferred or simply necessary?

BetaKit reporter Madison McLauchlan joins to discuss.

Related Links:

• The feds asked investors for candid feedback on BDC. It was never actioned
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• BDC unveils $4-billion defence technology platform
• Another fund partner leaves BDC
• "A perfect storm": 2025 was the worst year for Canadian VC fundraising since 2016