Lightspeed sees reduced demand for e-commerce services, as restaurants, retailers heavily affected
Montreal-based Lightspeed POS has reported that social distancing measures in place due to COVID-19 have impacted merchants’…
COVID-19
All BetaKit coverage related to the COVID-19 coronavirus pandemic.
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…
BDC launches matching investment program for Canadian VC-backed companies affected by COVID-19
According to a letter shared by the Canadian Venture Capital and Private Equity Association (CVCA), BDC Capital today launched…
Banks open up applications for $40,000 interest-free emergency business loans
On Thursday, April 9, banks officially opened up applications for the $40,000 interest-free loan program introduced by 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…
Feds work to revise wage subsidy, but Canadian tech reaction is mixed
On Wednesday, Prime Minister Justin Trudeau confirmed the federal government is “relaxing” the criteria for the Canada…
InkSmith launches new company to address shortage of medical equipment
InkSmith, the Kitchener-based tech startup that has been creating personal protective equipment (PPE) for healthcare workers,…
Creative Destruction Lab launches COVID-19 rapid response program
Creative Destruction Lab (CDL) has launched a new program to focus on rapidly transforming tech innovations to aid in the current…
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…
Canadian tech companies stepping up to help remote workers survive COVID-19
Whether you have employees in self-isolation or your team is working from home as part of new remote work policies, here’s…
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…
Survey finds 82 percent of tech CEOs plan to make layoffs after being left out of federal wage subsidy
A new survey from the Council of Canadian Innovators (CCI) estimates that around 39,000 Canadian information and communications…
City of Toronto reclaims startup lead as it restructures to better fight COVID-19
Chris Rickett, the former manager of entrepreneurship services at the City of Toronto, has returned to a role in the municipality,…
Government drafting legislation on wage subsidy ahead of recalling parliament says Trudeau
During his daily media briefing on Monday morning, Prime Minister Justin Trudeau said his government is drafting legislation…