Active Impact launches $120-million third cleantech fund, Feds release Fall Economic Statement
Plus: OV 3.0: What does the future hold for OMERS Ventures?
layoffs
Megadeal slowdown in Q3 marks three-year low for Canadian venture volume
Plus: Why are there 100,000 fewer Canadian entrepreneurs?
FreshBooks president and CEO depart as company lays off six percent of employees
FinTech firm promotes two interim co-CEOs, embarks on search for next leader.
SR&ED stress might be around the corner for startups come tax time
Plus: Alberta’s battle over who is an ‘engineer’ hits the legislature.
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Tokens.com slashes headcount by 40 percent in push to cut costs
Web3 firm is also exploring a potential sale of business segments.
R|T: The Retail Times – Shopify and Lightspeed shares surge after beating forecasts
Plus: Amazon unveils first BNPL option for SMBs through Affirm.
Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
FinTech startups made a mark on the list of Canada’s leading technology companies.
Slack CEO Lidiane Jones to depart after a year in the role
Jones will become CEO of Bumble as Salesforce-owned Slack looks for its third CEO in as many years.
F|T: The FinTech Times – Sam Bankman-Fried convicted on all charges, Intuit winds down Mint
Plus: BDC recommits to seed deals with $50M fund.
BDC recommits to leading seed deals with new $50-million fund
Plus: The BetaKit Keynote Stage returns to SAAS NORTH 2023.
Lightspeed’s stock rises as firm exceeds outlook for fiscal Q2, achieves positive EBITDA
Company takes a step towards profitability, boosts revenue guidance.
Faire cuts 250 employees in its second layoff round in last year
Last year, Faire slashed seven percent of its workforce as the e-commerce boom dimmed.
R|T: The Retail Times – Former Shopify leader launches AI imaging tool for merchants
Plus: Shein and Temu call off US legal spats.
BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support.