BC appoints Brenda Bailey as new innovation minister in cabinet shuffle
Bailey has strong ties to the province’s tech sector, founding a video game studio in 2011.
govt
Provincial government taps Novari Health to help reduce pandemic-fuelled surgical backlog in Eastern Ontario
Novari Health-built platform aims to cut surgery wait times.
Sanctuary secures $30 million from Canada’s SIF to build robots with human-like intelligence
The AI startup is expected to hire more than 160 employees.
Federal government’s Climate Action and Awareness Fund invests $58 million into 24 cleantech projects
Volkswagen fines fuel climate projects at Canadian universities.
BluWave-ai, Tehama receive collective $4.4 million from FedDev Ontario for product development, hiring
The federal government investment is expected to create 85 jobs in the Ottawa region.
FreshBooks, Plusgrade, Day & Ross among six Scale AI projects to receive $25 million
Funded projects vary in applications, from the travel industry to accounting.
Federal government invests $2.4 million in P&P Optica to help meat processors automate food safety
PPO’s systems can detect and remove objects like plastics, rubber from food.
CCI laments lack of detail on SR&ED, innovation agency as feds share economic update
Fall Economic Statement indicates projects are underway, but not at a pace the innovation community likes.
With VCCI commitment, Kensington Capital Partners targets $290 million third venture fund
With renewed mandate from Government of Canada, Kensington aims to nearly double its previous fund.
BDC commits $400 million for second cleantech-focused fund
Climate Tech Fund II focuses on reducing greenhouse gas emissions.
CIFAR appoints 8 new AI chairs as Pan-Canadian Artificial Intelligence Strategy enters phase two
CIFAR is responsible for implementing the $443 million federal AI strategy.
VCCI fund managers chosen for latest, $350 million injection of federal capital
Four funds are: HarbourVest Partners, Teralys Capital, Kensington Capital Partners, Northleaf Capital.
Nate Glubish new Alberta innovation minister as Premier Smith names cabinet
Meanwhile: spat between Alberta tech leaders and APEGA over “software engineers” continues.
Manitoba government appoints board members of $50 million provincial fund of funds
The fund’s target size is $150 million.
Amid questions on progress, Canada’s open banking lead says implementation “absolutely” remains on track
Abraham Tachjian says 2021 open banking report is his “roadmap.”