Minister Bains says retaining top tier tech talent critical to Canada’s economic recovery
The federal government’s Friday morning announcement of $250 million for the Industrial Research Assistance Program (IRAP)…
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Some banks begin rollout of EDC loan guarantee for Canadian businesses
Scotiabank and the National Bank of Canada are now offering the Export Development Canada (EDC) loan guarantee program for…
Federal government commits $962 million to Regional Development Agencies, Community Futures Network
On Friday, Prime Minister Justin Trudeau announced $962 million in new capital to Regional Development Agencies (RDAs) and…
Federal government commits additional $250 million in IRAP funding to support high growth startups
On Friday, the federal government revealed plans to make an additional $250 million available through the existing Industrial…
MaRS’ Yung Wu: “we have days, not weeks and months” to preserve innovation sector
During a virtual roundtable session hosted by the National Angel Capital Organization (NACO) on Thursday, MaRS CEO Yung Wu…
Software engineers create online tool to help companies find available government COVID-19 relief
A group of Canadian software engineers has created Corona Support, an online resource intended to help people and businesses…
Federal government expands eligibility for small business loans, announces rent assistance
Prime Minister Justin Trudeau has expanded the eligibility criteria for the $25 billion Canada Emergency Business Account (CEBA),…
Health Canada expedites approval of 1QBit chest radiography AI tool to help fight COVID-19
Health Canada has expedited the approval of an artificial intelligence-powered chest radiography tool, developed by Vancouver-based…
SR&ED payments beginning to flow to Canadian tech following delay caused by COVID-19
Funds from the federal government’s Scientific Research and Experimental Development (SR&ED) tax incentive program that…
Here are the final details on the Canada Emergency Wage Subsidy
After being passed by Parliament and receiving Royal Assent over the weekend, the government has shared additional details…
Federal government’s 75 percent wage subsidy passed by Senate
The Canada Emergency Wage Subsidy (CEWS) has passed in the Canadian Senate. The legislation, passed Saturday evening, is aimed…
BDC launches matching investment program for Canadian VC-backed companies affected by COVID-19
According to a letter shared by the Canadian Venture Capital and Private Equity Association (CVCA), BDC Capital today launched…
Banks open up applications for $40,000 interest-free emergency business loans
On Thursday, April 9, banks officially opened up applications for the $40,000 interest-free loan program introduced by the…
Feds work to revise wage subsidy, but Canadian tech reaction is mixed
On Wednesday, Prime Minister Justin Trudeau confirmed the federal government is “relaxing” the criteria for the Canada…
Canadian Advanced Technology Alliance urges feds to release backlogged SR&ED funding
The Canadian Advanced Technology Alliance (CATA) is submitting an “emergency” funding proposal to the federal government…