Canadian startup news of the week (12/17/17)

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

BetaKit

How the US net neutrality decision affects Canadian tech

We asked Canadian startups, analysts, and the government for their thoughts on how the US net neutrality decision could affect Canada.


BetaKit

Canadian government launching $100 million procurement program for startups

Twenty departments and agencies will participate in the program.


Aaron Zifkin

Aaron Zifkin departs Airbnb to become Lyft’s Canadian managing director

Zifkin will oversee Lyft’s operations and growth across Canada.


BetaKit

Highline BETA and RBC collaborating to co-create new ventures

The partnership is part of Highline BETA’s focus on creating new ventures in the FinTech industry.


Startup Milestones

  • Payment automation startup Wagepoint raises $2 million to build HR apps (Read here)

  • Past president of BC Premier’s Technology Council and CFA instructor join iComplyICO’s advisory council (Read here)

  • Highline BETA and RBC collaborating to co-create new ventures (Read here)

  • Shopify Plus and Facebook partner with Vantage on new accelerator to help CPGs embrace ecommerce (Read here)

  • Payment Rails launches API to help businesses set up global payment platforms (Read here)


Must Reads

handshake

Canada’s strong AI talent could attract more corporate VC funding

PwC’s Michael Dingle explains what a rise in corporate venture funding means for the Canadian startup ecosystem.


BetaKit

Ask an Investor: Is it common for investors to charge startups for legal fees?

Tax law is the reason why investors charge your company for legal fees.


CanCon Podcast Ep. 98: What the hell is going on with cryptocurrency?

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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.