The Canadian one seems like a case of starting with decent intent but ending up with a system that pretty clearly had the details written in a way that's mostly

The Canadian one seems like a case of starting with decent intent but ending up with a system that pretty clearly had the details written in a way that's mostly looking out for the interests of a few big finance-side players. The requirement that it has to be Canadian VCs and angels, and Canadian VCs and angels on a specific list no less, makes it look like the category is really about maximizing deal flow to a few Canadian investment firms.