Government to expedite approvals for temporary foreign workers during COVID-19 pandemic
The federal government has implemented a temporary policy aimed at reducing the time it takes for a temporary foreign worker…
Canadian Startup News
Facedrive looks to acquire Foodora Canada assets as it launches food delivery service
London, Ont.-based Facedrive has signed a binding term sheet that could see the ridesharing startup purchase certain assets…
Five Atlantic Canada startups receive investment at virtual Volta Cohort pitch event
Five Atlantic Canada-based tech startups have been selected to receive $25,000 each as part of the Volta Cohort pitch competition…
Ripple Ventures closes an initial $14 million CAD for new Opportunity Fund
Ripple Ventures, a Toronto-based early-stage venture firm, has made an initial close of $14 million CAD ($10 million USD) for…
Nudge.AI co-founder Steven Woods joins Benevity as chief technology officer
Benevity, a startup that offers corporate social responsibility and employee engagement software, has announced that Steven…
Wattpad creates fund to develop TV, film projects in latest attempt to “verticalize” business
Toronto-based Wattpad is launching two film projects that are part of a new fund aimed to finance and kickstart the early production…
Ritual, City of Toronto partner to provide free ordering tool to local foodservice businesses
Toronto Mayor John Tory is set to announce a partnership between the City and food ordering and mobile pickup startup Ritual,…
Ziva Dynamics raises $9.8 million CAD for character creation technology
Vancouver-based Ziva Dynamics, a startup that develops character simulation software for the film and entertainment industry,…
Intersect CEO departs company following recent layoffs
Paul Crowe, CEO of Intersect, a Toronto-based software development firm, is stepping down from his role at the company. The…
Details on EDC, BDC issuing larger loans to medium-sized businesses through expanded BCAP
The Business Development Bank of Canada (BDC) and Export Development Canada (EDC) are offering new programs to support medium-sized…
Government reveals details on $962 million Regional Development Agencies COVID-19 funding
Details on the recently committed $962 million in new capital to Regional Development Agencies (RDAs) and the Community Futures…
Loopio lays off 11 staff as it sees increased “scrutiny” from buyers during pandemic
Toronto-based B2B SaaS startup Loopio has permanently laid off 11 members of its staff, which represents eight percent of the…
Top Hat restructures, makes staff reductions as COVID-19 affects higher education
EdTech company Top Hat is restructuring internally to adapt to changes in the higher education sector brought about by the…
Propel CEO Barry Bisson to retire from role by the Fall
Barry Bisson, CEO of Propel ICT, is retiring from his role at the New Brunswick-based online accelerator after three years…
Outgoing innovation commissioner says British Columbia needs to create innovation hubs
British Columbia’s innovation commissioner has released his final report on how the provincial government can help BC tech,…