Press Digest: Canada - Aug 18

Payfare

18/08/2022 13:05

Aug 18 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
    
    
    THE GLOBE AND MAIL
    ** Venture-capital funding in Canada fell to pre-pandemic
levels in the second quarter this year as the tech downturn hit
privately held companies, the Canadian Venture Capital and
Private Equity Association said, and financiers warned that the
sector's sudden caution may continue. https://tgam.ca/3QWTEzr
    
    ** A flurry of Canadian technology companies that went
public during the COVID-19 pandemic have started buying back
their newly listed shares to support sagging stock prices. Q4
Inc  QFOR.TO  ,Payfare Inc  PAY.TO , Pivotree Inc  PVT.V  and
VerticalScope Holdings Inc  FORA.TO  have lost an average of 46%
since going public. https://tgam.ca/3QODnfK
              
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))