Assent makes first acquisition deal with purchase of German firm IPoint
Ottawa centaur says deal will help expand its supply-chain compliance platform.
MDA Space will buy 567-million-euro majority stake in French satellite company
Acquisition will create one of the largest space-based geointelligence businesses in the world, MDA says.
OpenText lays off two percent of its workforce
Roughly 400 global employees are now out of work, but OpenText says Canadian impact is “minimal.”
Winnipeg adtech Taiv among recipients of PrairiesCAN AI adoption funding
Canada’s AI minister announces $10.2 million for six Manitoba businesses.
Well Health to spin out and publicly list pure-play software business on TSXV
Vancouver-based healthtech has been preparing to spin out Wellstar since 2024.
Canada’s telco and banking incumbents form AI consortium
Scotiabank, Sun Life, Telus, and Lightworks team up to build AI infrastructure at the enterprise level.
Canada’s real-time rail system will launch this year after achieving “critical milestone”
After years of consultations and delays, finance minister approves the RTR system’s bylaw and rules.
Descartes cruises into Latin America with acquisition of last-mile management platform Drivin
Waterloo-based logistics tech firm makes its 37th acquisition since 2016.
Feds revamp procurement rules to make it easier to buy from Canadian small businesses
New Small Business Procurement Program will standardize contracts and integrate AI.
Scandium Canada acquires, rebrands ski-maker Ferreol Technologies
Ferreol’s alloys built high-performing skis. Scandium wants to use them to make spacecraft one day.
Canadians can once again access Anthropic’s Fable after US lifts ban
Anthropic says the jailbreak that prompted the contentious foreign-access ban worked on other AI models, as well.
Vancouver Police sergeant becomes first Canadian ALS patient to receive Neuralink brain implant
Toronto’s University Health Network debuts new neurosurgical technique to insert Elon Musk-owned medical device.
US finance app SoFi acquires Composer to add AI investing strategies
Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”
InvestEco Capital raises $106 million for fourth sustainable food fund
Toronto-based investor targets companies promoting a healthier, more sustainable food sector.
Deep Sky delivers North America’s first direct air capture carbon credits
Montréal-based company’s Alberta facility pulled carbon straight out of the air on behalf of RBC and Microsoft.