Marc-Antoine Cantin to lead Anges Québec as CEO Stéphane Drouin steps down
Drouin is departing the angel investor network for personal reasons less than a year after taking the helm.
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Canada’s AI safety institute pledges $1 million to UK counterpart for research collaboration
Canadian AI godfather Yoshua Bengio joins advisory board of $29-million research initiative.
Ontario Premier Doug Ford officially cancels province’s contract with SpaceX’s Starlink
Province follows through on US tariff countermeasure, pays undisclosed break fee to Elon Musk’s company.
NGen helps lead $108-million investment in sustainable manufacturing tech
News comes as Carbon Upcycling breaks ground on a CO2 capture facility.
Canada awards $14.6 million contract to space triumvirate to build its new lunar rover
MDA Space, Mission Control, and Canadensys to begin exploring size and scope of “long-term project.”
Cohere to access Canadian AI infrastructure and new clients through partnership with Bell
Startup will provide AI tools to Bell’s Canadian government and enterprise customers.
Ontario nurtures forest-based innovation accelerator CRIBE with $5-million investment
Funding aims to grow and commercialize companies creating forest-based solutions.
New innovation and knowledge hub to help showcase technology battling wildfires
The Wildfire Resilience Consortium of Canada fulfills objectives outlined by G7 leaders in Alberta last month.
BDC adds RBC as lending partner as it plans to guarantee $800 million in loans to entrepreneurs
Business Loan Accelerator Program aims to expand BDC’s reach to more underserved founders in Canada.
Canada’s former open banking lead joins FinTech startup Brim Financial
Abraham Tachjian to serve as Brim’s regulation chief as federal open banking framework remains in progress.
Minister Evan Solomon unveils fresh AI project funding to address “crisis moment” at Scale AI event
Twenty-three Québec-led projects will receive almost $100 million in combined public-private funding.
Feds back startup OCCAM’s Technologies as part of $21.5-million Alberta carbon capture investment
Natural Resources Canada selects five companies that responded to call for carbon capture proposals.
Michelle Scarborough out at BDC Capital after eight years leading women-focused funds
Scarborough led investments through the Women in Technology Fund and Thrive Venture Fund.
Canada pulls Digital Services Tax to avoid stalling US trade negotiations
CVCA, academics, and business groups had urged ditching the tax to prevent US retaliation.
Build Canada appoints Lucy Hargreaves to CEO as tech think tank expands mandate
Policy platform will open-source its projects and fund Canadian initiatives.