University of Waterloo to open GENESIS, a new blockchain and AI research lab
New facilities supported by $1.4-million donation from professor-founded blockchain startup Interop Labs.
Emmertech leads Rayhawk seed round to automate dangerous rail car loading work
Rayhawk’s proprietary technology automates opening, inspecting, closing, and sealing railcars lids.
Deputy Chief Trade Commissioner on tariffs: Canada “not out of the woods yet”
Global Affairs leader told businesses tariffs don’t include digital services during CCI webinar.
Teachers’ Venture Growth leads round valuing StackAdapt near $2.5-billion USD
Reports indicate round is largely secondary like a previously undisclosed 2022 Summit Partners investment.
MaRS appoints Grace Lee Reynolds as permanent CEO, adds board members
MaRS board member says appointees Helen Angus and Andrew Joyner bring expertise in public-private collaboration.
Startup support networks ventureLAB and The Firehood appoint new leaders
The Firehood gains new executive director while ventureLAB selects head of medtech initiatives.
Ontario to cancel $100-million Starlink contract in response to US tariff threat
Premier Doug Ford announced the province will no longer sign contracts with American companies.
Shopify CEO commits to ‘buy local’ features for Shop app after criticizing Canada’s tariff response
US and Canada first to be featured as Tobi Lütke claims Shopify is “unaffected” by tariffs.
Mangrove Lithium secures $50.4 million to construct lithium refining plant in British Columbia
Company claims facility will produce enough battery-grade materials annually to power 25,000 EVs.
Federal government delays implementation of capital gains inclusion rate increase to 2026
Tax changes previously set for June of last year will now wait until next January.
Boardy partners with Diversio in effort to make its AI more inclusive following email backlash
AI “superconnector” that sent unsolicited messages about users’ looks will now undergo inclusivity training.
Majority of Canadian IT workers say they’d consider relocating to the US: survey
Canadian IT landscape needs more training, tech hubs outside of major cities, respondents say.
Canadian-led Nue raises $28.8-million Series A round led by Inovia
San Francisco-based revenue management platform plans to expand globally.
Big in Japan: Nuvei acquires Paywiser’s Japanese subsidiary in Asia-Pacific market push
Acquisition includes licence allowing Nuvei to process payments across all major networks in the country.
Canadian-founded Clay achieves unicorn status with $57.5-million raise
Customer research AI startup CEO claims its 6x growth in 2024 prompted existing investors to “double down.”