The year Canada realized it needs sovereign tech
In 2025, Canada woke up to the possibility of buying and building Canadian.
Canada’s largest VC reports for duty
Plus: Canada launches its own quantum research program to rival DARPA initiative.
BDC unveils $4-billion defence technology platform
Crown corporation explicitly encourages businesses to “apply their skills to defence needs.”
Shopify’s former head of core product to lead app development at OpenAI
Glen Coates to head OpenAI’s app platform and help turn ChatGPT into an operating system.
Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC
Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs.
Canadian payments companies’ “sugar high” ended in 2022. VCs say a new spike is coming
Payments startup creation dropped by 44 percent from 2022 to 2023, according to Luge Capital report.
National Bank sues Flinks co-founders for alleged non-compete violation
Founders of new startup Deck deny allegations, say they were authorized to build venture.
Canada launches its own quantum research program to rival DARPA initiative
Nord Quantique, Xanadu, Photonic, and Anyon to get up to $23 million in funding through CQCP.
Tuhk raises $6 million USD to crack down on financial cybercrime
Enterprise FinTech startup planning launch in Canada, the US, and UK next year.
Court order prompts Well Health, Healwell to hand over records in merger probe
Federal watchdog to investigate if takeover affects choice and cost to users.
Inovia promotes two principals to partner as it readies 2026 fundraising push
Montréal VC firm planning a sixth venture fund and “larger” Discovery Fund II to back emerging managers.
She tried to bring Silicon Valley’s tech energy to Vancouver. Why did she leave to build a US startup instead?
Mai Trinh’s Internet Backyard nabs $4.5 million USD pre-seed for data centre financing platform.
CCI names Patrick Searle CEO ahead of “turbulent” year for Canadian tech
Searle says front-line companies must shape Canada’s sovereign strategy.
Cohere announces partnership with Thales Canada amid defence tech push
Toronto company’s AI will help French defence contractor service Royal Canadian Navy fleets.
Lightspeed will pay $11 million to settle class-action suit, Québec judge rules
Retail tech firm admits no liability for allegations of overstating performance metrics.