Budget 2025: “cautiously optimistic”
A power panel of policy wonks pick apart Budget 2025 and what it means for Canadian tech.
Govt
Nord Quantique, Xanadu, Photonic advance to next phase of DARPA quantum race
US military-backed initiative aims to build useful quantum computer by 2033.
Canadian tech sees #Budget2025 as “about-face” from last government’s stance on business
While industry feels heard, tech leaders want more details on AI and sovereignty plans.
#Budget2025 hints at full scope of federal government’s defence agenda
Budget 2025’s $80 billion earmark establishes defence as a cornerstone of federal tech commitments.
After years of disappointment and delay, #Budget2025 commits to a “competitive and innovative” financial system
Movement on open banking, Real-Time Rail, and stablecoin legislation all promised in Budget 2025.
What’s in #Budget2025 for Canadian tech?
Feds make huge spending commitments but finally get competitive on defence, taxes, and financial services.
Six years later, Questrade can finally launch Canada’s newest bank
Online brokerage to launch Questbank in 2026 after waiting six years for Schedule 1 license.
What will Budget 2025 offer Canada’s innovation economy?
Plus: Wealthsimple hits $10-billion valuation with new funding.
Maritime Launch gets $10-million loan from EDC to build Nova Scotia spaceport
Spaceport Nova Scotia is developing the required infrastructure for future orbital missions.
BDC picks women-led Magnum for its first investment in the search fund asset class
Fifty-million-dollar investment vehicle aims to help women entrepreneurs buy businesses.
Stablecoins are at a regulatory crossroads in Canada. What’s next?
As the digital asset explodes in popularity, Canadian FinTech wants movement on regulation.
New accelerator program aims to give Canadian founders a taste of Silicon Valley
Game On leader Chris Neumann calls the program “an experiment in acceleration.”
Ottawa pushes to become Canada’s defence innovation hub
Invest Ottawa unveils strategy it hopes will unlock $3 billion in investment across the National Capital Region.
Paytrie spinout Loon raises $3 million to oversee Canadian dollar-backed stablecoin
Calgary-based FinTech startup will become the new issuer of Paytrie’s CADC stablecoin.
The feds are picking Canadian tech winners through MOUs
Plus: Aidan Gomez says Cohere could IPO “soon.”