Lightspeed lays off 200 employees in second restructuring of the year
Online brokerage firm Questrade also reportedly laid off an undisclosed number of employees in recent days.
Major Canadian news orgs sue OpenAI for copyright infringement
Torstar, Postmedia, The Globe and Mail, The Canadian Press, and CBC/Radio-Canada are seeking monetary damages.
Canada’s Competition Bureau targets Google for anti-competitive practices
Google faces anti-trust fights on both sides of border as Canadian agency looks to force sale of adtech tools.
With new name, FleetOps secures $30.8-million CAD Series A round
Now called Class8, trucking data startup’s round was led entirely by United States-based investors.
Hopper restructures again following renewal of Expedia partnership
Hopper reportedly cut 10 percent of staff just over a year after its last restructuring.
Shopify calls on feds to “do whatever is necessary” to resolve Canada Post strike before Black Friday
Shopify suggests federal government impose binding arbitration or legislation to make postal service operational.
Montréal-founded FightCamp launches Peloton-style boxing lessons in Canada
At-home boxing platform designed by Montréal Founder Institute graduate Khalil Zahar.
Boosted.ai raises $20.9 million CAD to grow AI investment manager platform
New tool Alfa is “essentially an AI coworker that users can train to think like them.”
Why Sampler failed, according to its founder
Marie Chevrier Schwartz explains how her company lost product-market fit after a decade in business.
The Reporting Hub, Moovez, and ResVR stand out among Calgary’s startups at Launch Party 2024
Award recipients among top 10 Calgary companies recognized at province’s premiere startup showcase.
BDC hopes to reverse trend of declining Canadian entrepreneurship through Community Banking initiative
BDC will back local lending partners with co-lending, indirect lending, loan guarantees, and advisory services.
Elon Musk-owned Neuralink receives permission to recruit for Canadian medical trial
Toronto Western Hospital is the exclusive Canadian surgical site for the experimental brain implant.
Alberta Innovates the second provincial innovation agency affected by cyberattack this year
A breach affected Invest Nova Scotia in May that resulted in $573,000 in stolen funds.
Lightstrike raises $1.1 million CAD pre-seed round to commercialize AI-powered code mapper
Round leader Sprout Fund helped Lightstrike founders “mature at a breakneck pace.”
Federal government reinvests in Scale-Up Platform with $47.5 million commitment to Invest Ottawa, MaRS, and Communitech
Scale-Up Platform offers regionally tailored programming for entrepreneurs in high-growth sectors.