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…
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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 governmentâs 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 governmentâs 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 ârelaxingâ 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 âemergencyâ funding proposal to the federal government…
Survey finds 82 percent of tech CEOs plan to make layoffs after being left out of federal wage subsidy
A new survey from the Council of Canadian Innovators (CCI) estimates that around 39,000 Canadian information and communications…
City of Toronto reclaims startup lead as it restructures to better fight COVID-19
Chris Rickett, the former manager of entrepreneurship services at the City of Toronto, has returned to a role in the municipality,…
Government drafting legislation on wage subsidy ahead of recalling parliament says Trudeau
During his daily media briefing on Monday morning, Prime Minister Justin Trudeau said his government is drafting legislation…