Richard Rémillard

Richard Rémillard knows that hazarding a forecast for 2016 can be risky, even foolhardy. He has taken the plunge, however, and is betting that the year ahead will not be anything like 2015 for Canada's private risk capital industry due to innovation, a weaker economy, a new government in Ottawa, and multiple other factors.

In the United States, wealth management firms, such as mutual funds, have increasingly played a part in the venture capital industry. In contrast, wealth managers in Canada have largely elected to bypass VC, despite embracing other alternative asset classes. In a peHUB Canada exclusive article, Richard Rémillard asks why this is the case and suggests how Canadian wealth managers and VC funds might find common ground.