When lending favors secured real estate over risky productive ventures, founders get starved of capital.

They don't disappear — they leave.

Canada's startup problem isn't talent. It's capital structure.

#StartupEcosystem #CanadaEconomy #CapitalTrap

#CanadaEconomy #CapitalTrap #HousingCrisis #Productivity #EconomicPolicy #CanadianPolitics #RealEstate #MacroEconomics #WealthInequality #StructuralReform #HousingAffordability #EconTwitter #LongRead #PolicyDebate