CVCA calls for Digital Services Tax pause to avoid retaliatory US tax changes
Multiple industry groups wary of “dire downstream effects” for Canadian investors, companies.
Sezzle sues Shopify for alleged “unfair” privileging of its own buy-now, pay-later feature
Lawsuit claims Shopify charged businesses fees and redirected potential Sezzle customers to its own service.
AI minister Evan Solomon wary of overdoing regulation, but says Bill C-27 “not gone”
Tech leaders call for procurement strategies that benefit Canadian AI companies following minister’s remarks.
Montréal tech looks to scale up with opening of Ax.c innovation hub
Sprawling space has booked 40 startups for office leases, with dozens more on the waitlist.
Former Anges Québec CEO Geneviève Tanguay joins Panache Ventures as partner
New appointment follows executive shake-ups at early-stage VC firm.
Vessel raises $10.3 million to retool VC for the age of AI
Platform developed by two ex-LPs aims to automate “grunt work” for GPs and improve LP relationships.
The can’t-miss events at Saskatoon Startup Week and Ottawa Innovation Week
Must-attend events include AccelerateOTT on June 12 and Saskatoon’s Fail Fest on June 13.
Investissement Québec records annual loss on VC and fund investments
Provincial investment agency’s overall $13-million return came in well below $194 million forecast.
Portless raises $24.7 million to be retailers’ port in a trade storm
Logistics startup gives importers alternative to up-front duties following end of “de minimis” exemption.
Fispan continues industry trend of secondary-heavy deals with Series B round
Vancouver-based embedded banking startup says it’s bringing in $34 million annually.
Xanadu touts another advancement toward scalable quantum computing
Startup’s researchers generated error-resistant photonic qubits on a single chip for the first time.
AppDirect eyes rising energy demand with acquisition of Broker Online Exchange
Canadian-founded software services giant continues acquisition spree with gas, electricity brokerage platform.
Industry watcher says recent Shopify ruling could embolden companies to challenge CRA data requests
Federal court dismissed CRA’s request for six years of data on Shopify merchants.
UrbanLogiq wants governments to rely on its AI-powered insights
Startup partners with engineering, IT firms WSP and Cubic to source private-sector data for government clients.
Alberta’s tech sector is embracing an AI data centre boom. Will it pay off?
Tech leaders say energy-hungry infrastructure will catalyze startup creation, but critics warn of “oversold” benefits.…