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.
Brim Financial closes $85-million Series C led by EDC to fund US expansion
FinTech firm fuels up to accelerate growth south of the border.
“The stakes are high”: CCI report calls on feds, provinces to revamp approach to buying from Canadian tech companies
CCI argues public procurement improvements could help correct Canada’s “historic innovation underperformance.”
With latest funding and Scotiabank partnership, Willful sets its sights on profitability
After launching in PEI and Newfoundland in January, Willful now serves all 10 provinces.
Nuvei to be acquired by US-based Advent and taken private in $6.3-billion USD deal
Nuvei will become the latest in string of publicly traded Canadian tech companies to go private.
Carbonova secures $6 million to turn GHGs into carbon nanofibres
Alberta firm fuels up to expand its commercial production capabilities.
WonderFi responds as shareholders Kaos Capital, Mogo push for board overhaul
Kaos and Mogo want board changes. WonderFi claims Mogo wants control without paying a premium.