New TMX innovation panel aims to give Canadian startups a boost


The Globe and Mail | October 4, 2016

The Globe and Mail article, “New TMX innovation panel aims to give Canadian startups a boost,” featured the news that Russell Reynolds Associates' Lisa Porlier will be joining a 12-person "Advancing Innovation Roundtable” by TMX. She will share her expertise on expanding technology-focused start-ups. The article is excerpted below.

Stock exchange operator TMX Group Ltd. is attempting to help Canadian startups blossom into world beaters by backing a blue-chip study on the innovation economy that draws on talent from the country's deepest capital pools.

The TMX announced a 12-person "Advancing Innovation Roundtable" on Tuesday that draws on executives from pension plans, banks and venture-capital funds.

The group is charged with coming up with a road map for small technology-focused companies looking to expand, with the report expected by early 2017, ahead of next year's federal and provincial government budgets.


The roundtable is expected to meet with outside experts on innovation at sessions in Toronto, Montreal and Vancouver. There is a smaller group of investment bankers focusing on recommendations to improve financing for startups.

Along with Mr. Munjal and Mr. Eccleston, members of the roundtable are:

  • Geoff Beattie, CEO of Generation Capital and a director at General Electric, Royal Bank of Canada and Maple Leaf Foods;
  • Helen Beck, senior vice-president of the Caisse de depot et placement du Quebec;
  • Michael Denham, CEO, Business Development Bank of Canada;
  • Paul Desmarais III, vice-president, Power Financial and Power Corp.;
  • Stephen Forbes, executive vice-president, Canadian Imperial Bank of Commerce;
  • Hugh O'Reilly, CEO, OPTrust, which manages OPSEU pension plans;
  • Gerry Pond, chairman, Mariner Partners Inc.;
  • Lisa Porlier, deputy country manager, Russell Reynolds Associates;
  • Kevin Uebelein, CEO, AIMco;
  • Tamara Vrooman, CEO, Vancity Credit Union.

To read the full article, click here.

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New TMX innovation panel aims to give Canadian startups a boost