OSC finds Quadriga CEO ran “Ponzi scheme” leading up to crypto exchange’s downfall
A new report released by the Ontario Securities Commission (OSC) has revealed that now-defunct crypto asset trading platform…
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Digital Main Street receives $57 million from federal government, Ontario
Digital Main Street and its ShopHERE program have received a collective $57 million investment from the Government of Canada…
Ocean Supercluster launches competition for ocean tech innovators
The Ocean Supercluster’s Ocean Startup Project has launched a new competition for entrepreneurs from rural, Indigenous, and…
Federal government creates web hub for organizations buying and selling PPE
The federal government has created a web hub aimed to contain resources for organizations buying and selling personal protective…
IRAP says 97 percent of $250 million Innovation Assistance Program already committed
Ninety-seven percent of the $250 million Industrial Research Assistance Program (IRAP) COVID-19 Innovation Assistance Program…
Tech sector reiterates calls to expand wage subsidy as Canadian government asks for feedback
Canada’s Department of Finance recently held a consultation process on the Canada Emergency Wage Subsidy (CEWS), looking…
Federal government, Québec announce $50 million fund to support Montréal small businesses
The Government of Canada and the province of Québec on Monday announced a new $50 million fund meant to support small business…
Invixium raises $3 million amid growing demand for touchless biometrics fever detection
Invixium, a Toronto-based biometric security products manufacturer that focuses on access control and workforce digitalization…
L’Institut quantique becomes the first IBM Q Hub in Canada
L’Institut quantique (IQ), a research organization located at the University of Sherbrooke in Québec, is joining the IBM…
Digital Technology Supercluster investing in eight new projects through COVID-19 program
Eight new projects focused on addressing the COVID-19 pandemic are receiving investments from the British Columbia-based Digital…
Lumeca Health, SaskTel partner to provide residents of Cowessess First Nation virtual care
Lumeca Health, a Regina-based healthtech startup, has partnered with telecommunications company SaskTel to make virtual healthcare…
Ten members added to federal government’s Industry Strategy Council
The federal government has announced the members of its Industry Strategy Council, the initiative aimed to help with Canada’s…
Ontario enacts temporary change to layoff regulations to help businesses with recovery
On Monday, the Ontario provincial government announced temporary changes to its labour laws, a move its hopes will protect…
Scale AI invests $10 million to create ten AI university chairs across Canada
Québec-based artificial intelligence (AI) supercluster Scale AI is investing $10 million to support the creation of at least…
BehrTech receives $3 million grant to build industrial IoT lab in Toronto
Toronto-based BehrTech, a startup that develops wireless connectivity products for the Internet of Things (IoT), has received…