BDC’s new $500-million loan program will help smaller businesses adopt AI
The LIFT initiative offers loans of up to $5 million for businesses to buy AI applications.
Biossil exits stealth with $70 million USD to give failed medicines a second chance
Toronto-based biotech startup counts OpenAI, Founders Fund, and Staircase Ventures as backers.
The man who helped build five generations of wireless retires from Ericsson’s Ottawa lab
Marcos Cavaletti helped guide the company into the 5G era. After 40 years, he’s finally logging off.
Canada’s AI regulation will be “airtight” on bias, racism, and hate, Solomon says
At QueerTech breakfast, AI minister says feds will regulate lightly on innovation and tightly where harms emerge.
Carbonyx raises $1.2 million to turn mining waste into usable materials
CEO says true mission is to make carbon capture economically viable again.
Float launches agentic AI solution for corporate credit cards
Toronto FinTech firm says its new AI agent can take hours of bookkeeping off finance teams’ plates.
Canadian Strategic Missions Corporation takes one small step to support life on the Moon
Waterloo company wins grant funding for nuclear microreactor and water purification projects.
Turbopuffer doesn’t want to be Canada’s fastest-growing tech company
Plus: Cohere exec pledges AI firm will stay Canadian.
Inside Wealthsimple’s “simple” effort to bring Canadian talent home
What started as a Canadian Thanksgiving dinner in San Francisco has attracted over 6,000 job applicants.
Canada opens applications to build a public AI supercomputer
Up to $890 million up for grabs to design, construct, and operate the system.
Industry Minister Mélanie Joly wants to see Nokia invest more in Canada
Joly sees the path to a “golden age” relationship Finland and Canada.
Community event platform Wygo secures nearly $1.6 million pre-seed
Wygo allows hosts to create events for an audience that wants to shift their social life offline.
Hootsuite founder Ryan Holmes returns as interim CEO
Holmes replaces outgoing CEO Irina Novoselsky, just months after receiving backlash for ICE contract.
Motorola acquires AI-based 911 call screening startup Hyper
Deal comes less than a year after Hyper exited stealth.
Ex-AWS leaders bring Soma out of stealth with a plan to ease the data centre power crunch
Soma Energy has raised $7 million USD for AI-powered optimization for electricity infrastucture.