Canada’s FinTech industry enters new era as Bank of Canada taps first payment service providers
Wealthsimple, Venn, Brim, and others are now subject to new rules and payment rail access.
govt
Investissement Québec transforms early-stage program into $200-million VC fund
New Fonds Impulsion will expand support for founders amid declining seed-stage deal flow across the province.
Tech investor associations urge unified capital strategy ahead of budget
NACO and CVCA ask for seed-matching program, VCCI re-up, Canadian QSBS, and mid-cap support.
Feds commit $189 million to renew Black Entrepreneurship Program
Five-year extension will expand access to loans, mentorship, and data through three programs.
Danielle Smith expands ministerial team leading Alberta’s $100-billion AI data centre push
Nathan Neudorf joins finance and innovation colleagues as data centre proposals outpace power grid capacity.
Canadian FinTech leaders told to finally expect open banking progress in fall budget
Sources say feds poised to deliver on next phase of long-delayed financial data-sharing legislation.
BDC commits $100 million to boost rural entrepreneurship across Canada
Bank partners with Community Futures network to help founders in remote areas access capital and advice.
At Elevate, founders call out barriers holding back Canadian healthtech
Entrepreneurs say slow policy and weak procurement limit Canadians’ access to aging and fertility tech.
“Stay tuned”: OpenAI teases Canadian office
ChatGPT maker cites Canadian AI talent, capacity, and capital as advantages in global expansion.
Canadian cloud providers unite to launch sovereign cloud offering for government
ThinkOn, Hypertec Group, Aptum, and eStruxture team up to keep data under Canadian control.
Mila exploring venture fund to commercialize AI research
Former Circle K Ventures managing partner will advise on fund strategy as corporate VC fund winds down.
Inaugural Melamoon pitch competition awards $200,000 to Black founders
Winners include a smart hard hat for construction workers, a comfort-food startup, and a skincare brand.
Canada must not ignore its innovation problems
Plus: Feds launch Defence Investment Agency.
Canada’s productivity problem takes center stage at Competition Summit 2025
Industry leaders say regulation is stifling startups, even as Ottawa pledges to be “hawkish” on competition.
At Munk School event, FinTech leaders call for Canada to take bigger swings
As federal budget nears, leaders see an opportunity for Canada to advance long-awaited priorities.