OMERS Ventures CEO, John Ruffolo, speaks on the importance of innovation and mentorship to creating Canada's competitive innovation nation.
Against the background of the nation's slipping competitiveness rankings, Mr. Ruffolo provides commentary on Canada’s industrial strategy, and expresses concern that today’s return to a reliance on natural resources might cause us to forgo innovation opportunity. He stresses the need to focus on select innovation sectors. With this focus we can then determine the right conditions and assets to ensure that Canada capitalizes on growth opportunities.
Mr. Ruffolo then offers insights into OMERS eco-system. He references the company’s culture of innovation and commitment to long term patient capital. He concludes by stressing the need to align for enterprise success.
John Ruffolo’s Leadership Profile
Mr. Ruffolo is the Chief Executive Officer of OMERS Ventures, the venture arm of OMERS. OMERS Ventures invests in companies in the Technology, Media, and Telecommunications sectors. In addition, he is also the Senior Managing Director, Knowledge Investing with OMERS Strategic Investments. Prior to joining OMERS Ventures, Mr. Ruffolo was a Partner at Deloitte, as well as the Global Thought Leader, the Global Tax Leader and the Canadian Industry Leader for Deloitte’s Technology, Media and Telecommunications (TMT) practice. He was also a member of the firm’s Tax and TMT Global Leadership teams and a member of Deloitte’s Board of Directors.
Mr. Ruffolo has over two decades of experience advising public and private companies around the world. Mr. Ruffolo has been recognized as one of the country’s leading clean-tech advisors. In addition, he has worked closely with a number of North America’s leading venture capital and private equity firms and has advised many of the companies in which they invest.
Mr. Ruffolo serves as Chair of the Canadian Venture Capital and Private Equity Association’s Government Relations Committee and is a member of its Executive Committee. He serves on the Board of Communitech. Mr. Ruffolo is on the board of the David Suzuki Foundation and serves as Chair of the David Suzuki Foundation Friends of Ontario. Mr. Ruffolo is also Chair of the Corporate Advisory Committee for the Art Gallery of Ontario. He is a member of the Toronto chapter of the Young Presidents Organization and a member of the CATAAlliance National Leadership Council.
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