Canada has an abundance of great ideas and the world-class R&D to develop them. This abundance is hardly surprising given Canada’s outstanding institutions of higher learning, exceptional research centres, and highly educated population. It is also a result of federal and provincial governments’ R&D funding programs that are among the most generous and progressive anywhere, and, as a percentage of Canada’s GDP, which is among the highest in the world. However, Canada has a serious shortage of that specialized funding source – venture capital – that is essential to commercializing that world-class R&D into products, jobs, and exports. This is Canada’s commercialization crisis.