Applications for emergency co-lending begin to open as BDC finalizes program
The Business Development Bank of Canada (BDC) has finalized details of the $20 billion co-lending program, which is part of…
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Trudeau announces 75 percent rent relief program for small, medium-sized businesses
On Friday, Prime Minister Justin Trudeau announced the Government of Canada is implementing a program to help lower rent for…
Kanata North Business Association launches $200,000 COVID-19 fund
Tech hub Kanata North Business Association (KNBA) has established a $200,000 COVID-19 response fund, to offer new relief measures…
Alberta tech sector pens open letter to provincial government calling for urgent support
A group from Alberta’s technology ecosystem has penned an open letter to the Government of Alberta calling for urgent action…
As applications open, here are the details of the new $250 million COVID-19 IRAP subsidy program
The National Research Council of Canada has opened applications for the Industrial Research Assistance Program (IRAP) COVID-19…
E-grocery tech project receives $250,000 from Digital Technology Supercluster to build provincial system
Food-X Technologies, a SaaS startup in the grocery space, has received $250,000 from the Digital Technology Supercluster to…
Clear Blue Technologies secures $5 million debt financing contract with BDC
Smart off-grid company Clear Blue Technologies has received $2 million from the Business Development Bank of Canada (BDC) as…
Applications for 75 percent wage subsidy to open April 27
On Tuesday, Prime Minister Justin Trudeau announced that applications for the Canada Emergency Wage Subsidy (CEWS) will open…
Tech reaction mixed to increased scrutiny on foreign investments as overseas buyers express interest
Reactions from members of the Canadian tech community have been mixed in regards to the federal government decision, last week,…
Innovate Edmonton loses VP, director of strategy as Edmonton Economic Development Corporation makes COVID-19 layoffs
The Edmonton Economic Development Corporation announced a second round of pandemic-related layoffs last week, citing an “unprecedented…
Federal government allocates $306 million to Indigenous businesses during COVID-19 pandemic
Prime Minister Justin Trudeau announced Saturday that the federal government is allocating $306 million to Indigenous businesses…
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)…
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…