Quote:
Originally Posted by BodomReaper
It's upsetting that the government is playing venture capitalist with public money. This is no better than the sweetheart subsidies we give away to the film industry.
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I am of the opposite opinion and think this is a good initiative. Tech industry is on a rise in Vancouver and we have a lot going on in here. Tech companies also pay their employees above average salaries, so this is good for the province.
I think Vancouver has a chance to become Canada's tech town, but it will need investments like this. One day it may pay big time.
Tech industry is also not as likely to move around as film industry is. In film industry it's all about single projects which can be started anywhere, but with companies based in here it is unlikely that they will move around.