Ocean Supercluster launches $29 million Ocean Aware project
The Atlantic Canada-based Ocean Supercluster has launched Ocean Aware, a new project intended to develop and commercialize…
govt
Federal government commits $78 million to new COVID-19 vaccine trials and research
The federal government announced several funding commitments earlier today to support COVID-19 vaccine development. The funding…
Clean Works Medical, Pure Life Machinery receive $2 million from Ontario’s COVID-19 fund to sanitize PPE
Beamsville, Ontario-based Clean Works Medical and Pure Life Machinery have received a $2 million investment from the province…
Trudeau reveals plans to end CERB, transition recipients to EI in September
The federal government has announced its intention to shift recipients of the Canada Emergency Response Benefit (CERB) to the…
Federal government extends commercial rent relief program through August
The federal government has announced it is extending the Canada Emergency Commercial Rent Assistance (CECRA) program through…
Canadian government officially launches COVID-19 “exposure notification” app
The Government of Canada announced the official launch of its national COVID-19 “exposure notification” app on Friday.…
BC RDA invests nearly $3 million in Innovate BC to help tech entrepreneurs recover from COVID-19
The Government of Canada has invested $2.95 million CAD in Innovate BC for two programs to help British Columbia (BC) tech…
FedDev Ontario invests $30 million in eight Waterloo Region companies
The Government of Canada has invested nearly $30 million CAD in eight Waterloo Region-based manufacturing, medtech, and information…
CRA extends payment deadline on tax returns, offers interest relief on tax debts
The Canada Revenue Agency (CRA) has extended the payment deadline for individual, corporate, and trust income tax returns for…
Report: altering Canada’s approach to public procurement could stimulate innovation
A new approach to public procurement might be an answer to Canada’s innovation problem, according to a recent report published…
Senate passes changes to 75 percent wage subsidy
The Liberal Party of Canada’s proposed changes to the Canada Emergency Wage Subsidy (CEWS) passed in the Senate Monday. The…
Black Swan #16: Minister Bains explains the feds’ COVID-19 response
Since the beginning of the pandemic, the federal government has had a direct hand in supplying support to sustain the Canadian…
VC division makes up almost half of BDC’s $218 million net loss for 2020 fiscal year, amid COVID-19 volatility
The Business Development Bank of Canada (BDC) doled out $7.4 billion in loans in the fiscal year 2020, an increase of 2.5 percent…
Minister Ng open to expanding CAN Health procurement project model to other sectors
The CAN Health Network is a project that was launched by the federal government last year to help connect healthtech startups…
Alberta recovery plan a “first step” in addressing tech sector’s support recommendations
Last year, the government of Alberta made significant cuts to programs aimed to spur growth in its tech ecosystem, resulting…