Canada’s auto tech industry crashes into a triple emergency
Exro, LeddarTech, and Lion Electric are all scrambling to make deals to stay afloat.
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Coinbase Canada CEO pushes for crypto-friendly government just as company reveals hack that could cost up to $400 million USD
Cyberattack comes at bad time for US-based crypto exchange.
Minister of Innovation and AI Evan Solomon part of Liberals’ new Build Canada cabinet committee
Shopify CEO Tobi Lütke calls the committee a “Good move.”
Mélanie Joly, Evan Solomon to run newly split Industry and Innovation portfolios in Prime Minister Carney’s cabinet
Former Innovation Minister François-Philippe Champagne stays put as Minister of Finance.
Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies
ZayZoon, Carbon Upcycling, CoolIT Systems plan to hire and train personnel with capital injection.
Canadian FinTech leaders “cautiously optimistic” about open banking, payments modernization under Mark Carney
Jaded from years of waiting, FinTech players hope Carney’s UK track record translates into domestic policy action.
Rethinking the relationship between government and entrepreneur support organizations
MAIN executive director warns of “building an entire ecosystem singularly dependent on government funding.”
Healthtech leaders behind AlayaCare and Mimosa say Canadian procurement lacks transparency and risk appetite
Canadian tech lobbying group CCI argues Canada faces a wide breadth of procurement issues.
Ontario invests $56 million to power “homegrown” automotive and mobility companies amid trade war
Provincial government wants domestic companies to play global roles in electric and autonomous vehicles.
Vancouver byelection result threatens mayor’s “Bitcoin-friendly city” brand
After a recent byelection loss, does Mayor Ken Sim still consider Bitcoin a “hill worth dying on?”
University of Calgary becomes XPrize Foundation’s first international hub
Alberta and Calgary governments each gave $1.5 million to the initiative.
Canadian angels just want to write the cheque
Plus: Cohere Labs head calls “unreliable” AI leaderboard rankings a “crisis.”
Opportunity Calgary Investment Fund receives $60 million to scale local businesses
Four-year initiative aims to scale local companies and attract talent.
Xanadu forges partnerships with US military, industry to fuel quantum computing ambitions
Toronto quantum company inks deals with Applied Materials, US Air Force to accelerate chip development.
“Hard work lies ahead”: Canadian tech leaders strike urgent tone on policy asks following Liberal victory
Domestic procurement, boosting business investment key issues for Carney government, industry groups say.