Canadian startup news of the week (11/24/19)


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

Alberta Innovates to layoff 125 employees following $76 million budget cut(BETAKIT)

In a statement to BetaKit, Alberta Innovates specifically attributed the layoffs to its budget cut: “the realities of this budget require us to innovate how we operate and structure our organization to deliver outcomes.”

Lagging regulation, consumer trust are inhibiting FinTech adoption in Canada(BETAKIT)

BetaKit spoke with members of Canada’s FinTech community to determine the industry’s pain points and areas for opportunity.

Trudeau cabinet shuffle shows slight tweaks to Canada's innovation, economic agenda(BETAKIT)

Ministers in charge of Canada’s innovation and economic development generally stayed the same with a few slight changes to portfolios.

Startup Milestones

Must Reads

Michael Hyatt: #BetaKit1on1(TWITTER)

Entrepreneur and investor Michael Hyatt explains the biggest challenge to scaling a business in this #BetaKit1on1.

Canadian immigration policy meets the 4th Industrial Revolution(BETAKIT)

“The size of the Canadian talent pool is simply not large enough to meet emerging demands.”

How I chose an accelerator for my startup(BETAKIT)

“[Accelerators] aren’t a silver bullet … they are a helping hand that can help you level up.”

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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.

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