Reigniting Canada’s innovation engine
Startups have been at the forefront of accelerating Canada’s digital ambitions, moving the nation towards a knowledge-based, innovation economy. However, COVID-19 has significantly impacted many Canadian startups, altering their growth trajectory during crucial cycles. While the Canadian governments have released stimulus packages to ease the burden on employers and employees, there are still significant challenges and obstacles which can pose an existential risk to many startups – including:
- Continued access to capital and financing to maintain vital operations
- Managing a remote workforce and retaining top talent
- Navigating uncertain market conditions
- Adapting business and operating models for the recovery and post-COVID new reality phases
Startups which are able to navigate these challenges are better positioned to survive and thrive as our economy moves through the recovery phase of the pandemic.
How can we help?
As Canadian organizations seek to redefine themselves for the post-COVID-19 new reality – e.g., a more digitally fluent economy with a broader understanding of how innovation empowers businesses and consumers – KPMG in Canada’s Advisory, Audit and Tax professionals are here to support your growth aspirations during this opportune time.
Shape your own new reality. Let’s do this.