Prime Minister Mark Carney’s mandate letter calls for government to deploy AI “at scale”
Carney continues tech-friendly agenda after naming first-ever minister in charge of AI
Govt
Alberta Innovates to name Dr. Mike Mahon as permanent CEO
Interim CEO received unanimous board approval following delivery of go-forward plan for provincial agency.
CVCA CEO Kim Furlong to step down after Invest Canada conference
Furlong to depart association in July as Canadian VC navigates ongoing identity crisis.
Canada will provide cooling tech for moon-bound astronauts—if NASA gets the mission off the ground
Budget changes may prevent Berg Chilling Systems’ hardware from supporting the Artemis IV mission.
Ontario Premier Doug Ford did not deliver the innovation budget tech leaders wanted
Open letter from CEOs not heeded as budget projects $14.6-billion deficit.
Canada’s auto tech industry crashes into a triple emergency
Exro, LeddarTech, and Lion Electric are all scrambling to make deals to stay afloat.
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?”