FedDev Ontario invests $30 million in eight Waterloo Region companies
The Government of Canada has invested nearly $30 million CAD in eight Waterloo Region-based manufacturing, medtech, and information…
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Elevate cancels 2020 tech festival, secures $5 million to launch new global innovation hub
As Elevate joins the drove of conferences to cancel their 2020 events due to safety concerns caused by the COVID-19 pandemic,…
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…
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…
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…
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…
Toronto-based Crescendo forms anti-racism coalition of North American tech companies
Crescendo, a Toronto-based startup that offers curated diversity and inclusion education, is calling on North American tech…
Clutch raises $7 million CAD seed round to expand online used car retail platform
Online car retailer Clutch, which sells used vehicles in Toronto and Halifax, has raised $7 million CAD in a seed round led…
H|T: The Healthtech Times – Ethics before profits
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
MaRS officially launches program developed using federal Scale-Up Platform funding
MaRS Discovery District has officially launched Momentum, a new program designed to support high-growth Canadian companies…
Amplitude holds second close of health fund, adds Nancy Harrison as venture partner
Amplitude Ventures, a Montréal-headquartered investment firm focused on the health and life sciences sectors, has received…
Quebec RDA grants over $3 million to 14 projects for young entrepreneurs
The Government of Canada has invested more than $3.1 million CAD in 14 organizations and businesses across Quebec in an effort…
Ontario to create IP commercialization framework with provincial innovation hubs
The Ontario government has created a new action plan and team focused on generating intellectual property (IP) in the province.…