[ssiguy]

One of the problems Canada faces in terms of turning ideas into productive businesses is due to the bastions of capitalism................our banks. Canadian banks wouldn't loan a nickel for ideas if their lives depended on it. You need to sacrafice your left nut, your first born, and your sexual conquests just to get an interview and only after doing so will they book your next appointment circa 2065. This is because our banks have basically become nothing more than mortgage companies that enjoy a guaranteed 100% return plus interest thanks to being backed 100% by the taxpayers a la CMHC.

Until we get a banking system that is truly receptive to new ideas and companies, our businesses will have a very hard time establishing themselves and when they need large capitol to bring their products or ideas to market, they are forced to look for funding elsewhere.