Canada suspends Start-Up Visa as feds look to transition to new program
Existing SUV program had more than 10-year wait for new applicants.
Canadian Startup News
The year every Canadian startup went AI-first
In 2025, some of Canada’s most influential tech leaders leaned hard into an AI-first ideology.
The year Canadian tech embraced defence
With billions set to flow into the country’s defence industry, Canadian tech is angling for a cut.
The year Canada realized it needs sovereign tech
In 2025, Canada woke up to the possibility of buying and building Canadian.
Ex-Shopify engineers raise fresh financing to scale Turbopuffer’s AI search
Ottawa startup secures funding from Lachy Groom and Joshua Kushner’s Thrive Capital.
GeologicAI acquires Finland’s Lumo Analytics to round out suite of critical minerals sensors
Lumo’s LIBS technique uses lasers to rapidly analyze core rock samples for critical minerals.
CoLab joins Nvidia Inception Program to beef up AI capabilities for its engineering tools
St. John’s startup says Nvidia’s platforms will improve how engineers interpret simulation data.
Queen’s University recruits Ian Karlin from Nvidia in bid to build Canadian supercomputer
After working on leading supercomputers abroad, Karlin wants to help boost Canada’s computing capacity.
BDC unveils $4-billion defence technology platform
Crown corporation explicitly encourages businesses to “apply their skills to defence needs.”
Shopify’s former head of core product to lead app development at OpenAI
Glen Coates to head OpenAI’s app platform and help turn ChatGPT into an operating system.
Feds sign five-year MOU with Coveo in latest AI partnership
Government will explore how it can use the company’s platform in its operations.
Amiral Ventures holds $40-million first close to address “lack of leadership” in Canadian VC
Montréal firm backed by Québec government, Desjardins Capital, and nearly 50 individual LPs.
BDC tells VCs it’s willing to lift restrictions on defence investing
Crown corporation aims to support the build up of Canada’s defence industry.
Canadian Space Mining Corporation plans for “rapid expansion” in 2026 under new name
The Canadian Strategic Missions Corporation rebrand reflects a broader focus on critical technologies.
Canadian payments companies’ “sugar high” ended in 2022. VCs say a new spike is coming
Payments startup creation dropped by 44 percent from 2022 to 2023, according to Luge Capital report.