Peter Misek, venture capitalist at Framework Venture Partners, tells BNN Bloomberg that government spending is driving excess demand and inflation in Canada, adding to pressures from supply shocks. He expects GDP growth will continue to slow, and debt as percentage of GDP will continue to rise, approaching the levels of the last bond crisis. He also believes the failure rate among tech start-ups is going to explode, from 10-30% now, to 50-70%.