Canadian tech sees #Budget2025 as “about-face” from last government’s stance on business
While industry feels heard, tech leaders want more details on AI and sovereignty plans.
Canadian Startup News
Maple expands virtual mental health care through Beyond ADHD acquisition
Virtual care provider buys New Brunswick platform to improve ADHD offerings.
“We could be public today”: 1Password crosses $400-million USD ARR milestone
After executive shakeup, 1Password preps for AI era and potential IPO.
Lightspeed upgrades yearly forecast with revenue beat in fiscal Q2 earnings
Shares rise almost 10 percent as e-commerce firm executes on growth plan.
Profitual’s No-Pitch Competition will award $10,000 to the startup with the strongest financial model
This competition asks founders to drop the pitch and show their numbers.
Flare raises another $30 million USD to fuel global cybersecurity expansion and acquisition plans
Montréal software company aims to help organizations spot and mitigate online threats.
“We didn’t even consider building a lab in Toronto.”
Why early-stage founders are betting on Mississauga.
#Budget2025 hints at full scope of federal government’s defence agenda
Budget 2025’s $80 billion earmark establishes defence as a cornerstone of federal tech commitments.
After years of disappointment and delay, #Budget2025 commits to a “competitive and innovative” financial system
Movement on open banking, Real-Time Rail, and stablecoin legislation all promised in Budget 2025.
Beacon raises $250-million USD Series B to buy and equip “Main Street businesses” with AI
Former Instacart, Sequoia leaders target profitable firms in overlooked sectors for AI upgrades.
What’s in #Budget2025 for Canadian tech?
Feds make huge spending commitments but finally get competitive on defence, taxes, and financial services.
Shopify stock slides as company beats Q3 revenue outlook with 32 percent growth
E-commerce giant continues to invest heavily in AI as it eyes global growth.
ventureLAB and the Critical Industrial Technologies initiative are modernizing Canada’s industrial backbone
The incubator’s newest program helps Ontario businesses clear the last mile of AI adoption.
Canadarm maker invests $10 million in Maritime Launch’s Atlantic Canada spaceport
MDA Space will support development and future operations of Spaceport Nova Scotia.
Six years later, Questrade can finally launch Canada’s newest bank
Online brokerage to launch Questbank in 2026 after waiting six years for Schedule 1 license.