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…
layoffs
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…
Canadian startup news of the week (4/12/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Federal government’s 75 percent wage subsidy passed by Senate
The Canada Emergency Wage Subsidy (CEWS) has passed in the Canadian Senate. The legislation, passed Saturday evening, is aimed…
S|W: The SaaS Weekly – Churn concerns
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Mejuri lays off 15 percent of staff as it’s forced to close all retail stores due to pandemic
E-commerce fine jewelry startup Mejuri has laid off 15 percent of its team and has closed all of its retail stores due to the…
As Lighthouse Labs faces staff cuts, extends coding scholarships to COVID-19 jobless
Coding school Lighthouse Labs has laid off 14 employees, citing necessary company changes brought on by COVID-19, BetaKit has…
R|T: The Retail Times – Bad Ritual
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Canadian Advanced Technology Alliance urges feds to release backlogged SR&ED funding
The Canadian Advanced Technology Alliance (CATA) is submitting an “emergency” funding proposal to the federal government…
Raw Signal Group launches online course to help bosses manage new COVID-19 realities
Toronto-based leadership training company Raw Signal Group is offering an online course for bosses dealing with the new work…
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…