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.
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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.
NACO launches fellowship program with national innovation orgs
Government-backed initiative to match founders with leaders at Interac, Loblaw Digital, National Bank, and more.
Fears of repeating Web 2.0’s mistakes permeate AI-focused Competition Summit 2024
Concerns over fate of Bill C-27 loomed over panel discussions between Canadian regulators.
Federal government’s massive $2 billion CAD loan to Telesat sparks Elon Musk debate between ministers
Elon Musk claims Starlink can provide similar internet services at half the cost. Minister Champagne disagrees.
Coveo snags SIF investment as AI project funding flows during ALL IN 2024
Oceans Supercluster also doled out $4.5 million and Scale AI teased a call for projects.
BDC writes down venture capital portfolio by $220 million in annual report
Crown corporation attributes value shortfall to “uncertain market conditions” despite posting higher than expected net…
NPower Canada bags $4 million to prime underrepresented youth for the tech sector
Tech training programs run by Digital, NPower, Microsoft, and CIBC will introduce upskilling in cybersecurity and AI.
Ideon, Calabrio headline $53 million AI project investment from DIGITAL Innovation Cluster
DIGITAL said its investment joins an additional $106 million of industry partner backing.