Atlantic Canada’s Propel accelerator shifts to continuous intake model
New Brunswick-based online accelerator Propel is shifting to a continuous intake model, meaning startups can begin the accelerator…
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Hamzah Nassif joins Real Ventures as second partner in Toronto
Montréal-based early-stage venture capital firm Real Ventures has appointed Hamzah Nassif as the venture capital firm’s…
OMERS Ventures announces first transatlantic fund at $750 million USD
OMERS Ventures has announced its new $750 million USD fund, the first transatlantic commitment for the venture capital arm…
Borrowell lays off 20 percent of staff, citing financial institutions “pulling back” amid COVID-19
Toronto-based FinTech startup Borrowell has laid off approximately 20 percent of its staff, as the impacts of the COVID-19…
Waterloo tech companies join demands for wage subsidy modifications in letter to feds
A group of Kitchener-Waterloo region organizations and startups, led by Communitech, are echoing concerns that the federal…
Mogo lays off 30 percent of staff, makes company wide cuts citing COVID-19 uncertainty
Vancouver-based FinTech company Mogo has temporarily laid off 30 percent of its staff in a move to prepare for the growing…
C100 announces newest 48Hrs in the Valley cohort, postpones event to October
Twenty-six Canadian tech startups have been selected to join the 2020 48Hrs in the Valley program, hosted by C100, an…
CCI tells feds emergency wage subsidy must be expanded to support Canadian tech
The Council of Canadian Innovators (CCI) and its members are calling on the federal government to make adjustments to the 75…
Québec organizations rally residents to buy from local startups on April 2
A group of organizations is putting together an event on April 2 that encourages Québec residents to buy a product or service…
Techstars Toronto announces 10 startups joining 2020 cohort
Techstars Toronto has announced the 10 startup’s joining the accelerator program’s third cohort, which will now begin on…
Trudeau announces 75 percent wage subsidies, interest-free loans for Canadian small businesses
On Friday, Prime Minister Justin Trudeau announced that the federal government will now be providing 75 percent employees wage…
Export Development Canada provides more detail on emergency loan program
As part of the federal government’s $82 billion COVID-19 emergency support package, which was approved by the Senate…
Borrowell survey shows financial strain Canadians are under amid pandemic
A new survey conducted by Toronto FinTech startup Borrowell has found that three in four Canadians are experiencing financial…
Lighter Capital expands debt financing business to Canada
Lighter Capital, a Seattle-headquartered financing lender, is making its debt financing offerings, including term loans and…
Survey finds Canadian small businesses seeing 50 percent revenue decline amid COVID-19
A survey conducted by Toronto-based FinTech startup Lending Loop has found that Canadian small businesses have seen an average…