Canadian startup news of the week (8/16/20)

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


Shopify cuts office staff amid remote work shift

Approximately 30 to 50 employees were laid off, according to multiple sources with knowledge of the company’s operations, who spoke to BetaKit on condition of anonymity.


New survey reveals most popular federal COVID-19 support programs for businesses

The survey results echo what another lobbying group, Save Small Business, has found regarding the CECRA.


CRA launches updated calculator for Canada Emergency Wage Subsidy

The updates are aimed to help employers prepare to apply for the fifth period of the CEWS, which will open for applications on August 17.


Latest Funding, Acquisitions, and Layoffs


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BLACK SWAN #16 – MINISTER BAINS EXPLAINS THE FEDS’ COVID-19 RESPONSE

“We want to be bold, we want to think big, but we want to be flexible and nimble as well.”


BLACK SWAN #15 – THE EVOLVING BUSINESS OF PREPARING FOR DEATH

Willful is a Toronto-based startup that helps people easily create a legal will. Not the sexiest of startups in normal times, but these are not normal times.


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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.