Latest Alberta, BC budgets target talent shortage with otherwise minimal new tech investment
Industry stakeholders had hoped to see more for tech and SMBs.
Canadian Startup News
Paper acquires MajorClarity to add post-secondary planning into its K-12 platform
Deal comes after post-secondary enrollment reaches 10-year low.
Northleaf closes $675 million USD for latest private equity fund
Fund size surpasses Northleaf’s $600 million USD target.
Shopify changes employee compensation model: “being a manager now has no effect on compensation”
Shopify employees are now either managers or crafters, but not both.
Amazon climate tech fund backs Genecis to turn food waste into bioplastics
Amazon is exploring ways to use Genecis’ bioplastics in its own packaging.
Hootsuite follows Twitter lead as company ditches free plans
Twitter eliminating free API access is expected to have wide-ranging implications.
Miovision acquires Winnipeg’s MicroTraffic to better predict traffic collisions
MicroTraffic uses AI to predict potential traffic accidents.
AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals
AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures.
Shopify built Indigo’s new website in three days following ransomware attack
After reaching out to Shopify, Indigo was back online with a new site in three days.
Government of Canada to launch $250 million initiative to train skilled workers
In record-tight labour market, feds aim to upskill workers for high-growth industries.
MaRS, adMare BioInnovations launch new biotech accelerator for early-stage ventures
New accelerator will provide valuable lab space, mentorship.
Backed by Bay Street veterans, Obsiido wants to make alternative investing accessible
Obsiido emerges from stealth with $815,000 pre-seed round.
Canada’s small businesses want open banking, too
Small business owners are eager to unlock new opportunities as Canada builds open banking framework.
CDPQ makes executive changes following Celsius investment write-off
Crypto winter chill touches more Canadian funds, startups.
Lighthouse Labs, TechNL each secure over $20 million in federal funding for tech upskilling programs
Two orgs aim to train thousands of students to meet tech sector talent demands.