Lightspeed to lay off 300 employees as it targets “profitable growth”
Lightspeed says layoffs aim to streamline operations, “unify” acquisitions.
Government of Canada reveals plans for $360 million National Quantum Strategy
NQS aims to support Canadian quantum research, talent, and commercialization.
WonderFi releases public statement following Coinsquare merger report
WonderFi neither confirms nor denies Coinsquare merger report, saying it’s both looking at potential acquisitions and…
Terramera forms new subsidiary to address more problems facing farmers
EnrichAg closes $6 million USD in “evolution in Terramera’s history.”
GoBolt lays off five percent of staff shortly after $75 million raise, citing worsening consumer demand
With cuts, GoBolt shifts focus away from SMBs to mid-market, enterprise merchants.
Thinkific makes more layoffs as part of push towards profitability
Cuts hit 19 percent of staff as Canadian tech continues to feel impact of downturn.
Coinsquare moves to terminate CoinSmart acquisition deal
CoinSmart CEO says notice took company “by surprise.”
Radical Ventures raising new $550 million USD fund as AI sector heats up
Radical managing partner believes “AI will eat all software over the next decade.”
BDC Capital report finds Canadian VCs are hiring more diverse candidates but facing difficulties with talent retention
DEI survey also indicates VC firms, portfolio companies lack diversity at decision-making level.
Salesforce layoffs show Canadian employees caught in ongoing Big Tech cuts
Layoffs at major US tech firms continue to hit Canada, Salesforce joins Amazon, Meta, Twitter.
Thomson Reuters closes acquisition of US tax software company SurePrep for $500 million
Deal marks latest in series of AI-focused acquisitions made by Thomson Reuters.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
The Upside Foundation appoints Juanita Lee-Garcia as new executive director
The Venture for Canada alum takes reins at “pivotal time” for Upside.
New BC innovation minister Brenda Bailey lays out how she plans to support province’s tech, innovation
Minister: “the most important thing in our tech sector … is people, and this government is very serious about continuing…
InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners
InBC backs trio of VC funds focused on climate change, reconciliation, and innovation.