At a morning session at the Toronto conference, panelists including Tyler Kirk from RBCx and Borrowell CFO Jeff Yim said while investors hoped deals would pick back up after a slow summer, it hasn’t happened. (The Logic)

Talking point: Interest rates are skyrocketing around the world, making borrowing more expensive. This has changed what investors are demanding of the companies they invest in and making founders more cautious with the capital they have, the panelists agreed. “There has been a very big shift from a few years ago. It was growth, growth, growth, we want to see at least 100 to 200 per cent growth … and it’s just been a 180 [degree] shift towards, what’s your path to profitability? What’s your burn ratio? It’s been a huge shift there,” said Yim. “Now is perhaps not the time to take that massive amount of capital, if you don’t know exactly how you’re going to deploy it … I think you’ll be better off if you can hold out.”