By all accounts, deal making in Canada’s venture capital market was red hot in 2014.

Earlier this month, the Canadian Venture Capital & Private Equity Association (CVCA) issued a report that said 379 financing rounds were closed by Canadian companies last year, raising $1.9 billion.

This week, a new report published by Thomson Reuters pointed to even higher levels of domestic activity. It found 522 venture deals captured nearly $2.4 billion in investments last year.

The Canadian venture activity in 2014 not only reflected an increase of 21 percent over 2013, it was the biggest total in more than a decade, according to the Thomson Reuters’ data.

Read more at PEHUB.