FDA clears drug for rare and deadly GI cancer developed by Canadian firm Zymeworks
Co-founder of Zymeworks calls approval “the dream that many said was not possible.”
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BDC hopes to reverse trend of declining Canadian entrepreneurship through Community Banking initiative
BDC will back local lending partners with co-lending, indirect lending, loan guarantees, and advisory services.
Alberta Innovates the second provincial innovation agency affected by cyberattack this year
A breach affected Invest Nova Scotia in May that resulted in $573,000 in stolen funds.
Manitoba launches new innovation and technology department amid cabinet refresh
Mike Moroz will head the division supporting the province’s tech industry and modernizing public services.
Citing national security risks, feds order shutdown of TikTok’s Canadian arm but forgo outright ban
Minister Champagne says Canadians can still access TikTok, calling that “a personal choice.”
Meet Christopher Skeete, Québec’s new minister responsible for finishing Fitzgibbon’s work
Halfway through Québec’s five-year innovation strategy, private funding and productivity are still pain points.
Québec launches $4.5-billion CAD Grand V funding initiative for sustainable innovation projects
Program offers debt and equity financing for companies looking to increase productivity and green-ify operations.
While US moves forward on open banking, Canadian FinTechs met with more “zombie” discourse
Float CEO argues Canada’s reluctance to implement open banking is hurting SMBs.
Invest Nova Scotia has recovered most of stolen funds following summer scam
Justice Department helped return majority of $573,000 lost to email breach and phishing attack.
Moment Energy secures $28.1 million CAD from US Department of Energy to establish gigafactory in Texas
New facility is expected to produce one gigawatt hour annually, enough to power over 750,000 homes.
Applications open for federal SMB programs aimed at AI adoption
The $300 million programs are part of the 2024 federal budget’s $2.4 billion AI package.
PacifiCan and PrairiesCan commit $17.7 million to companies in Western Canada
BC and Alberta companies to receive funding include WaitWell, Avanti, and Ideon Technologies.
Does Canada have the leverage to regulate Big Tech?
Google is a monopolist. We spoke with a former Google Canada exec about what should happen next.
Ontario launches second phase of life sciences strategy to bolster research and funding
$146 million commitment to support new Life Sciences Scale-Up Fund, wet labs programs, and procurement.
Government-backed Montréal innovation hub Ax-C gets boost from private sector
Launching spring 2025, Ax-C has an additional $5.25 million CAD in support from Bell, Google, Desjardins, and FTQ.