CIFAR leader expects CAISI to help inform AI policy in Canada and abroad
With its new AI safety institute, Canada aims to study the technology’s risks and collaborate with other countries.
Govt
‘It’s life or death’: Québec ecosystem frustrated after IQ suspends early-stage program
Impulsion PME no longer accepting applications until further notice.
Manitoba launches new innovation and technology department amid cabinet refresh
Mike Moroz will head the division supporting the province’s tech industry and modernizing public services.
Pender Ventures closes second B2B software, healthtech-focused VC fund at $100 million
Managing partner attributes success in a tough environment to its returns, committed anchor, and consistency.
Citing national security risks, feds order shutdown of TikTok’s Canadian arm but forgo outright ban
Minister Champagne says Canadians can still access TikTok, calling that “a personal choice.”
Meet Christopher Skeete, Québec’s new minister responsible for finishing Fitzgibbon’s work
Halfway through Québec’s five-year innovation strategy, private funding and productivity are still pain points.
Balance becomes Canada’s second qualified digital asset custodian
As a “proper local alternative,” Balance aims to bring crypto assets stored in US back home.
Québec launches $4.5-billion CAD Grand V funding initiative for sustainable innovation projects
Program offers debt and equity financing for companies looking to increase productivity and green-ify operations.
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.
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.
Champagne, Conservatives point fingers as Canadian cleantech startups suffer continued SDTC funding delays
Startups face layoffs and cancelled contracts to cover SDTC financing shortfalls, BetaKit has learned.
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.