This new type of fund slowly began to spread across the rest of Canada during the 1980s. But it wasn't until the late 1990s that LSVCCs became truly noteworthy outside Quebec, thanks in equal part to generous tax breaks from federal and provincial governments and attractive returns to investors. So far in the 2000s, returns have been less impressive, due in part to the bursting of the technology bubble. Returns for LSVCCs have generally been stagnant. Speculation about the reasons for low returns point to risky ventures, inexperienced fund managers, lack of requirement to generate positive returns to be competitive, and government intervention.