The biggest tech stories of 2024
Plus: Annual grades for Wealthsimple, Shopify, Cohere, and more.
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Champagne stays put as Liberals name new FedDev, PrairiesCan ministers in cabinet shuffle
NDP leader Jagmeet Singh says he will bring down the government when Parliament reconvenes in January.
Glen Ventures lands $5 million CAD from IQ fund to back early-stage healthtech startups
VC firm to raise dedicated fund in new year separate from government mandate.
Check your SR&ED history: Canadian tech companies could be in for post-holiday windfall
Legislation this year identified ‘excluded loans’ as exempt from federal assistance.
Fall Economic Statement brings more delays for open banking in Canada
Feds up FCAC commitment but push open banking rollout to 2026, with several legislative hurdles to overcome.
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.
Liberals’ Fall Economic Statement contains more promises to Canadian tech
Plus: Geoffrey Hinton receives his Nobel Prize, delivers a warning.
Feds announce VCCI renewal, SR&ED and pension fund changes ahead of Fall Economic Statement
SR&ED expands eligibility while pension fund investment incentives get sweetened.
Privacy Commissioner announces LinkedIn will pause training AI with data of Canadian members
Commissioner said LinkedIn believed its training model was privacy protective, but agreed to engage in discussions.
TikTok challenges feds’ shutdown order, calls national security review process “procedurally unfair”
Social media giant describes conflicting instructions during national security review.
Early-stage startups grapple with fallout after Québec-funded investment program suspended
Montréal founders say their rounds fell apart after Impulsion PME’s “safety net” for investors disappeared.
Aramis Biotechnologies secures $80 million CAD for vaccine development do-over
Former staffers from Medicago get another shot at vaccine development with renewed backing from federal government.
Cohere secures federal backing to build multibillion-dollar Canadian AI data centre
This marks the first investment through the new Canadian Sovereign AI Compute Strategy.
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.