Intuit Canada joins Digital Main Street to support small businesses with digital transformation
Intuit QuickBooks Canada is set to announce plans to work with Digital Main Street as the organization looks to help Canadian small businesses digitally…
Atomwise raises $163 million CAD Series B
Atomwise, which operates an artificial intelligence (AI)-based drug discovery platform, has raised $163 million CAD ($123 million USD) in what it called an oversubscribed…
Shopify cuts office staff amid remote work shift
Shopify has laid off internal operations staff as the Canadian tech giant shifts to a permanent remote work model, BetaKit has learned. Approximately 30…
Canadian tech says continued IRAP IAP funding “critical” to sustaining business amid pandemic
Following the extension of the emergency wage subsidy to December, the Canadian tech sector is hoping to pressure the federal government into a similar…
Canadian government officially launches COVID-19 “exposure notification” app
The Government of Canada announced the official launch of its national COVID-19 “exposure notification” app on Friday. The app is now available through IOS…
OSC introduces interim order to help facilitate startup securities crowdfunding
The Ontario Securities Commission (OSC) has introduced an interim local order that adopts a startup crowdfunding “regime” currently in place in a number of…
Financial Data Exchange launches in Canada looking to create industry standard for financial data sharing
Financial Data Exchange (FDX), a United States-based non-profit organization dedicated to developing an industry standard for financial data sharing, has officially launched in Canada….
Shopify revenue grows 97 percent in Q2 2020 as large number of retailers join platform
Shopify has released its financial results for Q2 2020, the period which ended June 30, 2020; recording a total revenue of $714.3 million, a…
StellarAlgo closes $1.5 million to help sports, live audience sector better engage with fans
StellarAlgo is a Calgary-based startup that has developed a SaaS customer data platform that allows live audience businesses, such as professional sports organizations, to…
Diagram-backed Wingocard closes $2 million to bring mobile banking to teens
Wingocard, a new Montreal-based startup focused on personal finance for teens, has closed a $2 million seed round led by Diagram Ventures. The FinTech…
Minister Ng open to expanding CAN Health procurement project model to other sectors
The CAN Health Network is a project that was launched by the federal government last year to help connect healthtech startups with Canadian healthcare…
Opportunity Calgary Investment Fund invests collective $7.25 million in AltaML, Harvest Builders
The Opportunity Calgary Investment Fund (OCIF), backed by the City of Calgary, announced Wednesday that it has invested a collective $7.25 million into AltaML…
Coinsquare CEO and president agree to step down, pay “penalties” in settlement with OSC
Coinsquare co-founders Cole Diamond (CEO) and Virgile Rostand (president) have agreed to step down from the crypto-trading startup as well as pay “administrative penalties”…