BC minister of jobs says new $500 million fund will support startups, scale-ups in province
Ravi Kahlon, British Columbia’s minister of jobs, economic recovery and innovation, said he expects the province’s new…
Canadian Startup News
New report shows Montréal caught up to Toronto as Canada’s leading tech ecosystem in 2020
Venture funding in Montréal reached an impressive $1.15 billion in 2020, solidifying the city as one of the top startup ecosystems…
Google opens applications for new Canadian cloud accelerator
Google Canada has opened applications for the first cohort of its new accelerator program for cloud-native Canadian tech startups.…
Ontario reveals digital strategy, plans to launch new data authority
The Government of Ontario has introduced its long-planned digital and data strategy, which includes plans to create a new provincial…
Sonder to go public on NASDAQ through SPAC deal
Montréal-founded travel tech startup Sonder is set to go public on the NASDAQ through a merger deal with Gores Metropoulos…
Here’s why M&A activity is surging in Canada’s tech sector
The global impact of the COVID-19 pandemic has given rise to new market conditions in the Canadian tech sector that require…
Ceridian to acquire Toronto talent intelligence startup Ideal
Ceridian has reached a definitive agreement to acquire Toronto hiring and employee management software startup Ideal. The transaction…
AbCellera breaks ground on new Vancouver HQ as it plans to hire hundreds
AbCellera, Canada’s most valuable biotech company, has broken ground on a new 380,000-square foot tech hub in Vancouver that…
Alberta’s innovation minister wants province to be a “dominant player” in Canadian tech
Alberta’s minister of innovation wants to make the province’s tech sector a dominant player in the Canadian innovation…
Founder Institute Montréal reveals graduates from winter 2020 cohort
Founder Institute’s Montréal branch has announced the 13 startups graduating from its first completely virtual cohort. The…
Farm payroll startup Labora wins SFU entrepreneurship competition
Surrey, British Columbia-based FinTech startup Labora has taken home the top prize at Simon Fraser University’s (SFU) 10th…
Newton had an outage and now users are complaining their transactions are pending
Toronto-based cryptocurrency exchange Newton recently experienced an outage to its platform related to a cyberattack affecting…
Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem
Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage…
Netflix chooses Toronto for Canadian headquarters
Netflix has announced plans to open its first Canadian corporate office in Toronto. The move is part of the streaming giant’s…
Shopify sees 110 percent year-over-year revenue growth as e-commerce continues to boom amid pandemic
Shopify continued to see massive growth in the first quarter of 2021 with revenue, income and gross profit all significantly…