Ottawa launches Defence Investment Agency to overhaul military procurement
New office promises faster approvals, earlier industry engagement, and domestic economic benefits.
Government
BDC Capital promotes Mona Minhas to managing partner of Thrive Venture Fund
The appointment comes after BDC’s $50-million Thrive ETA Fund announcement.
Purpose CEO Som Seif vows to fight OSC greenwashing allegations
Seif claims no investor harm occurred as regulator alleges Purpose overstated ESG integration.
Feds invest $5.8 million to boost BC’s carbon management tech
Natural Resources Canada backs Agora, Anodyne Chemistries, and Svante as BC cements reputation as cleantech hub.
Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking
Accountant-turned-advocate Eric Saumure wants Canada to get open banking right for small business.
BC shuffles cabinet, moving Rick Glumac to AI and Ravi Kahlon back to jobs
Province loses JEDI, gains AI minister as premier swears in team “to meet the current moment.”
QueerTech launches new 2SLGBTQIA+ accelerator and names Virtual Gurus’ Bobbie Racette board chair
The program launch follows QueerTech’s acquisition of Gradient Spaces last year.
Trudeau’s tariff team taps Canadian tech to get tough on Trump
Arlene Dickinson, Wes Hall, RHEI CEO Shahrzad Rafati part of the Council on Canada-US Relations.
Four new Canadian tech announcements in the Fall Economic Statement that shouldn’t be overlooked
BDC AI funding, procurement reform, money for Black entrepreneurs might have been missed in yesterday’s chaos.
Feds struggle to table Fall Economic Statement following Minister Freeland’s shock resignation
Mini-budget with many tech commitments comes during a day of chaos on the Hill.
Federal government outlines $2 billion in AI compute spending commitment
Strategy includes $1.3 billion for computing infrastructure and $700 million for AI data centres.
CIFAR leader expects CAISI to help inform AI policy in Canada and abroad
With its new AI safety institute, Canada aims to study the technology’s risks and collaborate with other countries.
‘It’s life or death’: Québec ecosystem frustrated after IQ suspends early-stage program
Impulsion PME no longer accepting applications until further notice.
Pender Ventures closes second B2B software, healthtech-focused VC fund at $100 million
Managing partner attributes success in a tough environment to its returns, committed anchor, and consistency.
Balance becomes Canada’s second qualified digital asset custodian
As a “proper local alternative,” Balance aims to bring crypto assets stored in US back home.