Canadian startup news of the week (08/18/19)

toronto raptors

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page.

Top Stories of the Week


Chamber of Digital Commerce recommends building blockchain framework in Canada

The organization said Canada’s digital asset ecosystem is being stifled due to a lack of regulatory clarity and commitment from the government.


Global Talent Stream on track according to OECD report on Canada’s immigration system

Canada’s economic immigration system is the largest, most comprehensive, and elaborate among OECD countries, according to the report.


Wattpad tracks 80 million monthly users, 23 percent increase since 2018

The company reported that its users now spend an average of 22 billion minutes a month reading the platform’s original stories.


Canada Learning Code receives $117,000 because the Raptors stomped the Warriors

Did we mention that Kyle Lowry outscored the Warriors 11-2 in the opening minutes of the deciding Game 6?


Startup Milestones


Must Reads

pwc

Five Canadian cities with highest volume of investment dollars and deals in 2018

PwC broke down the Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.


BetaKit

Ask an Investor: How can I create optionality after I get an acquisition offer?

No matter what stage your business is in, optionality is something you can be proactively driving towards before an acquisition comes your way.

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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.