Report: Number of Canadian startups significantly impacted by COVID-19 slightly higher than global average
According to a new report for Startup Genome, 58 percent of startups in Canada say their industry has been “affected significantly”…
Canadian Startup News
Clear Blue Technologies secures $5 million debt financing contract with BDC
Smart off-grid company Clear Blue Technologies has received $2 million from the Business Development Bank of Canada (BDC) as…
Applications for 75 percent wage subsidy to open April 27
On Tuesday, Prime Minister Justin Trudeau announced that applications for the Canada Emergency Wage Subsidy (CEWS) will open…
Tech reaction mixed to increased scrutiny on foreign investments as overseas buyers express interest
Reactions from members of the Canadian tech community have been mixed in regards to the federal government decision, last week,…
Innovate Edmonton loses VP, director of strategy as Edmonton Economic Development Corporation makes COVID-19 layoffs
The Edmonton Economic Development Corporation announced a second round of pandemic-related layoffs last week, citing an “unprecedented…
PocketHealth raises $9.1 million CAD in first round of funding
Toronto-based PocketHealth, which has developed a platform lets patients securely access and share medical imaging with doctors,…
CleanSlate UV raises $8.4 million CAD as COVID-19 increases demand for device sanitization
CleanSlate UV, a Toronto-based startup that offers a sanitizing product for mobile devices in hospitals, has raised a $8.4…
Techstars to hold Startup Weekend virtually as it shifts event focus to COVID-19 solutions
This week, global accelerator Techstars will host its first-ever online and national Startup Weekend. This time around, the…
Shopify Capital launches in Canada to provide small business loans to merchants
Shopify has launched its small business loan fund, Shopify Capital, in Canada. As of Monday, Canadian merchants on Shopify’s…
Black Swan #5 – Managers are not OK
It’s a hard time to be a boss. “I don’t know what matters anymore – I’ve lost my guideposts.”…
Federal government allocates $306 million to Indigenous businesses during COVID-19 pandemic
Prime Minister Justin Trudeau announced Saturday that the federal government is allocating $306 million to Indigenous businesses…
Minister Bains says retaining top tier tech talent critical to Canada’s economic recovery
The federal government’s Friday morning announcement of $250 million for the Industrial Research Assistance Program (IRAP)…
Some banks begin rollout of EDC loan guarantee for Canadian businesses
Scotiabank and the National Bank of Canada are now offering the Export Development Canada (EDC) loan guarantee program for…
Cam Linke joins Alberta Machine Intelligence Institute as CEO
Cam Linke has joined the Alberta Machine Intelligence Institute (Amii) as the organization’s new CEO. Amii announced…
Federal government commits $962 million to Regional Development Agencies, Community Futures Network
On Friday, Prime Minister Justin Trudeau announced $962 million in new capital to Regional Development Agencies (RDAs) and…