Ontario takes bite out of Premier Doug Ford’s promised US procurement ban
Ban of “all” US contractors won’t apply to those with more than 250 Canadian workers.
Canadian Startup News
Scale AI offering $30-million envelope for Canadian companies to accelerate AI adoption
Government-backed AI hub to cover up to 40 percent of “high-impact” AI projects completed this year.
Corporate VPN startup Tailscale secures $230 million CAD Series C on back of “surprising” growth
Company achieves $2 billion CAD valuation after doubling customer base in 10 months.
Glowtify wants to be the AI-driven marketing solution for lean e-commerce teams
Montréal-based startup secures $825,000 in pre-seed financing from angel investors.
Kepler Communications sells its first on-orbit compute power to Axiom Space
The Toronto firm’s satellite constellation will help power an orbital data centre
Shopify CEO Tobi Lütke tells employees to prove AI can’t do the job before asking for resources
The e-commerce giant expects AI to be used in prototyping, and adds AI evaluation to performance review.
CVCA calls for temporary capital gains reduction, national investment tax credit in pitch to federal parties
Proposal also asks next government to follow through on VCCI, SR&ED reform, and domestic pension investment.
UK-based Osney Capital eyes Canadian cybersecurity startups with 50-million-pound first fund
Osney wants to help Canadian startups expand to Europe and bring UK startups here.
Shopify, Lightspeed among Canadian tech stocks dragged down in US tariff-spurred market plunge
Economists, companies share bleak outlook as global markets see one of their worst days in decades.
Three Canadian quantum startups selected for US military-backed quantum race program
Xanadu, Nord Quantique, Photonic chosen by DARPA to build usable quantum computers in under a decade.
Trulioo taps former Nuvei exec Vicky Bindra to take over for retiring CEO Steve Munford
Munford, who led the company to unicorn status, will work with Bindra to ensure a smooth transition.
Healthtech startup Vopemed lands $2.29-million pre-seed funding for AI-powered surgery visuals
A mini Montréal healthtech boom may be on the horizon as several early-stage companies attract investment.
The team behind Intuit’s AI-driven expert platform
The Virtual Expert Platform built by Intuit is a proving ground for Canada’s top engineering talent.
“Every dollar counts”: amid trade war, Float launches foreign exchange solution to help companies cut costs
FinTech startup rolls out currency conversion to help clients doing business stateside weather the economic storm.
“Changes nothing”: Canadian tech still in limbo as country escapes worst of US tariff wave
PM Mark Carney: US has signalled additional tariffs on pharmaceuticals, semiconductors.