Ontario to create IP commercialization framework with provincial innovation hubs
The Ontario government has created a new action plan and team focused on generating intellectual property (IP) in the province.…
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Canadian government looking to waive 30 percent revenue decline criteria for 75 percent wage subsidy
The federal government has announced plans to waive the criteria of the 75 percent wage subsidy that requires businesses to…
Three Ottawa tech companies receive over $11 million from FedDev Ontario
Through FedDev Ontario, the Government of Canada has invested nearly $11.2 million CAD in a trio of Ottawa-based software firms:…
BDC commits $160 million to fund IP development in Canada
BDC Capital has committed $160 million in intellectual property (IP) development financing to support IP-rich companies scaling…
Shopify, Canadian government launch initiative to help small businesses grow online amid COVID-19
Shopify has partnered with the federal government to launch a new initiative called Go Digital Canada, aimed to bring more…
Sustainable Development Technology Canada invests in 17 cleantech startups through seed fund
Seventeen Canadian cleantech startups have received funding from the federal government through Sustainable Development Technology…
National Bank launches venture fund, looks to raise $200 million to support COVID-19 recovery
National Bank has created a new venture capital fund in partnership with the Quebec government to support the digital transformation…
Federal government to extend 75 percent wage subsidy into December
The federal government has announced it will extend the Canada Emergency Wage Subsidy (CEWS) program until December. Prime…
FedDev commits $4.5 million to support Franco-Ontarian SMEs through regional recovery fund
Three organizations in southern Ontario have been selected to receive a cumulative $4.5 million investment from the federal…
Montreal’s new international AI research hub opens, announces board of directors
The new Montreal-based international research hub, which will focus on responsible artificial intelligence (AI) and data governance,…
Nine projects to receive $28.8 million as part of Advanced Manufacturing Supercluster investment
Nine Canadian manufacturing projects have been approved to receive a cumulative investment of $28.8 million from Next Generation…
Liberals’ economic snapshot reveals $343.2 billion deficit following COVID-19 relief measures
The federal government has projected a deficit of $343.2 billion for the fiscal year 2020 to 2021, according to a new economic…
More federal assistance for Indigenous businesses required, says COVID-19 taskforce
For the survival of many Indigenous businesses during this pandemic, additional financing and support is required, according…
Clearview AI to stop offering facial recognition technology in Canada
Clearview AI, an American company that provides biometric security software, will no longer offer its facial recognition services…
Financeit, BC government launch low-interest home energy financing program
Toronto-based lender Financeit has partnered with the Government of British Columbia (BC) to launch a new, low-interest financing…