Bus.com taps Maxie Lafleur as CEO as startup modifies offering during COVID-19
Montreal-based Bus.com, which has created an online platform for bus rentals, has appointed Maxie Lafleur as the startup’s…
layoffs
Canadian startup news of the week (4/26/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Ada Support lays off 23 percent of staff amid uncertainty caused by pandemic
Ada Support, which provides an AI-powered chatbot platform for customer service teams, has permanently laid off 36 full-time…
S|W: The SaaS Weekly – A challenge from Shopify
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
OneEleven announces it is permanently ceasing operations
Toronto-based incubator OneEleven announced on Wednesday that it has permanently ceased operations due to economic impacts…
FreshBooks reduces headcount by 9%, CEO says company remains in “growth mode” despite COVID-19
Toronto-based cloud-accounting software company FreshBooks has laid off 38 staff members, which represents nine percent of…
Saskatchewan’s startup ecosystem will not bounce back like mature tech markets
Let me preface this post with the following: all opinions are my own; I’m optimistic Saskatchewan’s tech ecosystem will…
Report: Number of Canadian startups significantly impacted by COVID-19 slightly higher than global average
According to a new report for Startup Genome, 58 percent of startups in Canada say their industry has been “affected significantly”…
Canadian startup news of the week (4/19/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
The three big questions Canadian tech startups are asking during the COVID-19 crisis
The rapid evolution of the COVID-19 pandemic into a global crisis could signal big trouble for Canadian business. The life…
Software engineers create online tool to help companies find available government COVID-19 relief
A group of Canadian software engineers has created Corona Support, an online resource intended to help people and businesses…
Q4 Inc. secures $25 million CAD from CIBC Innovation Banking
Toronto-based investor relations (IR) software company Q4 Inc. has received a $25 million credit facility from CIBC Innovation…
TouchBistro furloughs 131 employees as restaurants hit hard by COVID-19 pandemic
Toronto-based TouchBistro temporarily laid off 131 employees today, noting that COVID-19 has had a “devastating impact”…
SR&ED payments beginning to flow to Canadian tech following delay caused by COVID-19
Funds from the federal government’s Scientific Research and Experimental Development (SR&ED) tax incentive program that…
Clearbanc tightens belt following new cashflow product for COVID-impacted companies
Toronto-based revenue share investor Clearbanc has launched a new product to support entrepreneurs facing a finance crunch…