South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada
WonderFi and some disgruntled shareholders have also reached a deal to refresh its board.
Capital gains tax changes not included in feds’ Budget 2024 motion bill
Freeland continued to back tax changes but dodged questions about their absence from the motion.
Galatea secures $2.7 million to help oil and gas companies tackle waste disposal
Amid shifting environmental and regulatory landscape, Calgary firm eyes US expansion.
How Canada’s capital gains tax changes might impact Canadian tech
BetaKit breaks down changes for tech founders, funders, workers, and firms.
Finance Minister Freeland undeterred following meeting with Canadian tech leaders over capital gains tax changes
Freeland: “We believe in this budget. We really believe in the investments this budget is making.”
Capital gains tax changes strike a nerve with Canadian tech ecosystem
Over 750 leaders have already signed an open letter calling on feds to reverse course.
What’s in #Budget2024 for Canadian tech?
All eyes in Canadian tech are on AI, open banking, cleantech, and… taxes?
As FinTech sector anticipates open banking in Budget 2024, Payments Canada reveals no Real-Time Rail until at least 2026
Payments Canada did not share when it hopes to officially launch the RTR payment system.
Vidyard rolls out AI avatars after securing funding from EDC and existing backers
With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”
WordPress owner acquires Eric Migicovsky’s messaging app Beeper following spar with Apple
Under Automattic’s wing, Beeper aims to continue building “the best chat app on Earth.”
CleanBC program investigation prompts fear of provincial startup fallout from cleantech and grant experts
“The first people that lose out are the companies [that] the program was set up for.”
Define Capital closes $20 million to acquire and nurture profitable niche software companies
New Toronto private equity fund aims to follow in Constellation’s footsteps.
Federal government commits $2.4 billion to AI compute, startups, and safety through Budget 2024
Liberals aim to help “maintain Canada’s competitive edge” in AI with new spending.
Coinbase becomes first international crypto exchange to secure restricted dealer licence in Canada
The approval comes as Coinbase faces an SEC crackdown at home.