Real-estate data company Real Matters Inc. and marketing-software firm Vision Critical Communications Inc. are likely to lead the advance in the first half of 2017, according to people familiar with the matter. Hootsuite Media Inc. and D2L Inc. are also said to be considering IPOs in the second half, said the people, who asked not to be identified because the matter is private. The head of PointClickCare Corp. said the health care-software provider will to look at going public in 2017.

Source: Toronto Star

Date: November 17th, 2016

Link: https://www.thestar.com/business/2016/11/16/canadian-tech-ipos-poised-for-liftoff-after-false-starts.html

Discussion

1) “There have only been two Canadian technology companies to go public with an offering of more than $100 million in recent years.”   Why do you think this is?

2) “Some of the delay [in new IPOs] has been due to unfavourable market conditions, including volatile equity markets, Brexit and the U.S. election”.  How does Brexit and the U.S. presidential election impact the Candian tech sector’s IPO market?