Most Powerful People

Canada’s Most Powerful Business People 2016: #3 — John Ruffolo

Bankrolls Canada’s tech resurgence

John Ruffolo, CEO, OMERS Ventures
(Fernando Morales/Globe and Mail/CP)

#3: John Ruffolo

CEO, OMERS Ventures

Why he matters: Bankrolls Canada’s tech resurgence

@ruffoloj 5,394 followers

If there’s a startup in Canada worthy of funding, chances are John Ruffolo has taken a look at it. As head of the venture capital arm of the Ontario Municipal Employees Retirement System, Ruffolo is injecting much-needed capital into the country’s tech sector. The $500 million fund has put money into 25 of the country’s highest-profile startups, including Hootsuite, Shopify and D2L Corp. Ruffolo has been instrumental in attracting foreign investors to Canadian startups, too, by helping them understand the landscape.

More of Canada’s Most Powerful Business People:

▲ #2 Mark Wiseman
▼ #4 Justin Trudeau