Canadian startup news of the week (5/18/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
layoffs
Nearly half of Canadian tech companies report decrease in value due to COVID-19, survey finds
Almost half of Canadian tech companies are reporting having experienced a decrease in company value because of the current…
Government extends emergency wage subsidy to end of August, to assess 30 percent revenue criteria
On Friday, Prime Minister Justin Trudeau announced that the Government of Canada is extending the Canada Emergency Wage Subsidy…
Loopio lays off 11 staff as it sees increased “scrutiny” from buyers during pandemic
Toronto-based B2B SaaS startup Loopio has permanently laid off 11 members of its staff, which represents eight percent of the…
H|T: The Healthtech Times – Home testing supply and demand
The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using…
Top Hat restructures, makes staff reductions as COVID-19 affects higher education
EdTech company Top Hat is restructuring internally to adapt to changes in the higher education sector brought about by the…
City of Edmonton approves new innovation entity
The City of Edmonton’s Council has unanimously voted to form a new innovation entity independent of the Edmonton Economic…
S|W: The SaaS Weekly – Defying gravity
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Canadian startup news of the week (5/10/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
City of Edmonton to discuss proposed model for new innovation entity
On Monday, Edmonton’s City Council is set to discuss a proposed structure and governance model for a new organization that…
Canadian VCs launch initiative to provide one-on-one support to startups during pandemic
A group of Canadian venture capital (VC) investors is launching an initiative aimed to support Canadian startups during the…
OneEleven asks startups for abated rent, then retracts, claiming “misunderstanding”
OneEleven startups are reeling over a notice sent to them today asking for the payment of rent they were previously told would…
Today in Hires: Hootsuite, Element AI
Recently, two Canadian tech companies have announced new members to their teams. Here’s a breakdown of who is joining and…
Canadian startup news of the week (5/03/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Coveo CEO Louis Têtu believes tech will emerge victorious from COVID-19
The COVID-19 pandemic has thrown Canada’s business community into a state of uncertainty, as the vast majority of Canadian…