Digital Technology Supercluster makes $10 million investment, rounding out $60 million COVID-19 program
The Digital Technology Supercluster has made $10.7 million in follow-on investments to five projects under its COVID-19 stream,…
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Court approves Kik’s settlement with SEC, ending years-long battle
A court has approved the settlement between Kitchener-Waterloo messenger app Kik and the US Securities Exchange Commission…
CDPQ launches $250 million diversity-focused fund
Caisse de dépôt et placement du Québec (CDPQ) has launched a new $250 million fund aimed at increasing diversity and inclusion…
Kik, SEC propose joint settlement, $5 million penalty
Kik and the United States’ Securities Exchange Commission (SEC) have proposed a joint settlement in the matter of Kik’s…
Federal government invests $12 million to support small businesses through COVID-19 relief fund
The federal government is investing $12 million into the Canada United Small Business Relief Fund to help small businesses…
NACO receives $710,000 from feds to increase presence in Western, Atlantic Canada
The National Angel Capital Organization (NACO) has received $710,000 from the federal government as it is working to increase…
BC tech orgs lobby federal, provincial governments for scale-up funding
A collection of innovation-focused organizations in British Columbia (BC) are pushing the federal and provincial governments…
Alberta Enterprise Corporation invests additional $5 million in Accelerate Fund III
The Alberta Enterprise Corporation (AEC) has made an additional investment of $5 million into its third early-stage angel co-investment…
New proposed parameters for emergency wage subsidy that would be in place until December
The federal government has revealed what the Canada Emergency Wage Subsidy (CEWS) could look like until the end of its tenth…
Canadian organizations receive $15 million through federal government’s anti-racism program
Eighty-five Canadian businesses and organizations are receiving a cumulative $15 million from the federal government through…
Government invests $20 million in Terrestrial Energy as step towards net-zero greenhouse emissions by 2050
Oakville-based nuclear tech company Terrestrial Energy has received a $20 million commitment from the federal government to…
Invest Ottawa receives $17 million to expand autonomous vehicle test facility
Economic development agency Invest Ottawa is expanding its autonomous vehicle test facility, Ottawa L5, and rebranding the…
Federal government doles out cumulative $13.4 million to four healthtech organizations
Four Toronto-based healthtech businesses and organizations have received a cumulative $13.4 million in loans and grants from…
New federal COVID-19 rent relief subsidy allows businesses to directly apply
The Government of Canada is launching a new federal rent relief program for businesses amid the ongoing COVID-19 pandemic.…
Canadian procurement policies missing the mark for cleantech startups, says innovation council
Canada’s procurement incentives and policies are missing the mark for Canada’s high-growth cleantech startups, according…