Two years after acquisition of Hubdoc, Xero names Toronto its North American tech hub
New Zealand-domiciled small business accounting platform Xero has named its existing Toronto office as the company’s North…
Canadian Startup News
CRA extends payment deadline on tax returns, offers interest relief on tax debts
The Canada Revenue Agency (CRA) has extended the payment deadline for individual, corporate, and trust income tax returns for…
Mogo officially launches carbon offsetting digital spending account, MogoSpend
Vancouver FinTech startup Mogo has launched MogoSpend, a free, new, prepaid Visa-based digital spending account that encourages…
SaaS startup Conexiom raises $40 million in strategic growth financing
Vancouver-based Conexiom, a supply chain SaaS startup offering sales order and invoice automation solutions for manufacturers…
Report: altering Canada’s approach to public procurement could stimulate innovation
A new approach to public procurement might be an answer to Canada’s innovation problem, according to a recent report published…
Diagram-backed Wingocard closes $2 million to bring mobile banking to teens
Wingocard, a new Montreal-based startup focused on personal finance for teens, has closed a $2 million seed round led by Diagram…
eSight launches fourth version of wearable glasses for people with visual impairments
Electronic glasses company eSight has launched eSight 4, the newest version of its wearable assistive device designed to enhance…
Senate passes changes to 75 percent wage subsidy
The Liberal Party of Canada’s proposed changes to the Canada Emergency Wage Subsidy (CEWS) passed in the Senate Monday. The…
Fable Tech Labs raises $2 million seed round to bring accessibility to digital products
Fable Tech Labs, a Toronto-based startup that aims to help businesses test whether or not their technology is accessible to…
Black Swan #16: Minister Bains explains the feds’ COVID-19 response
Since the beginning of the pandemic, the federal government has had a direct hand in supplying support to sustain the Canadian…
VC division makes up almost half of BDC’s $218 million net loss for 2020 fiscal year, amid COVID-19 volatility
The Business Development Bank of Canada (BDC) doled out $7.4 billion in loans in the fiscal year 2020, an increase of 2.5 percent…
Minister Ng open to expanding CAN Health procurement project model to other sectors
The CAN Health Network is a project that was launched by the federal government last year to help connect healthtech startups…
Alberta recovery plan a “first step” in addressing tech sector’s support recommendations
Last year, the government of Alberta made significant cuts to programs aimed to spur growth in its tech ecosystem, resulting…
Ryerson’s Legal Innovation Zone announces international (virtual) tech entrepreneurship program
This fall, Ryerson University’s legal tech startup incubator, the Legal Innovation Zone (LIZ) is launching Sprint Studio,…
Quebec RDA invests nearly $13 million in 30 cleantech projects across the province
The Government of Canada has announced almost $13 million CAD in funding for 30 projects by Quebec entrepreneurs that aim to…