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RenoRun granted court extension in insolvency filing to pursue sale

RenoRun asked for extension amid “a high level” of interest from potential buyers.

Less than two years after the Toronto tech hub’s sudden closure and reopening, its managing director says the “turnaround…

Wu will remain at organization’s helm during CEO transition.

The app removes the need for human-verified parking exemptions.

Plus: Salesforce is culling management layers.

Plus: Walmart sees more than 2,000 job cuts in e-commerce warehouses.

The Alberta-based tech group is now live across all three Prairie provinces.

SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.

Plus: Canadian crypto’s Bizarre Love Triangle.

Kensington becomes first VCCI-supported fund of funds to announce it has closed financing.

Cutthroat competition and tighter rules on advertising are forcing operators to compete on unique features in Ontario’s $1.4…

Plus: RenoRun files for creditor protection.

Aouameur’s strategic focus will be on profitability and positive cash flow.

Budget 2023 includes $500 million to SIF for cleantech projects, billions in clean energy tax credits.

The filing follows four attempts to raise bridge financing and multiple rounds of layoffs.