Finance Minister François-Philippe Champagne told an audience of bankers at the Toronto Stock Exchange Monday that listing on public markets needs to be “seamless and accessible” because many entrepreneurs don’t see a path to raise capital there. (The Logic)

Talking point: Champagne said the role of capital markets is more important than ever because building 1,000 companies the size of Shopify will require Canadian companies to “think more exponentially” and turn more tech research into commercial-scale enterprise. (Liberal government ministers have long invoked the hope that Canada will produce more Shopifys.) Champagne, who was speaking at a Canadian ETF Association event, said Canada needs to raise awareness of the pool of capital available on Bay Street and make listing as easy as possible so that more small and medium businesses can see themselves going at “speed and scale not seen in a generation.”