Telegraph Ventures secures $35 million to back enterprise AI startups in Québec
The provincially backed spinoff fund aims to “catalyze” floundering pre-seed market.
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Canadian tech looks to poach H-1B visa castaways as its own “ambitious founders” flee
Industry leaders say keeping Canada’s startups here will take more work, and smart decisions.
Canada will update AI strategy a year ahead of schedule: Evan Solomon
AI minister says Canada “can’t afford to wait” as government assembles AI strategy task force.
TikTok collected personal info from “a large number” of Canadian children
Social media platform updates protections for kids after privacy watchdogs’ report.
BDC pledges $50 million to help women entrepreneurs buy businesses from aging owners
Thrive ETA Fund combines capital, training, and mentorship for women buying firms from retiring business leaders.
Purpose CEO Som Seif vows to fight OSC greenwashing allegations
Seif claims no investor harm occurred as regulator alleges Purpose overstated ESG integration.
Startup groups urge Ottawa to extend ElevateIP funding
Demand is high but the $90-million program will expire this spring.
Schulich Venture Academy has a “bigger vision” for upskilling Canadian tech startups
After teaching 200 graduates across three cohorts, SVA is ready to expand.
Amii receives $9 million from feds to equip energy workers with AI skills
Funding comes on top of nearly $20 million pledged last year for sovereign compute.
Christopher Skeete exits Québec’s innovation portfolio in cabinet shuffle
Christine Fréchette retains leadership of economy and innovation file, supported by two junior ministers.
Carney says new Major Projects Office will help build a “Canadian sovereign cloud”
PM says cloud infrastructure is vital for security, AI, and quantum leadership.
2Keys security breach exposes government-stored emails and phone numbers
Treasury Board says info tied to CRA, ESDC, and CBSA users was accessed before phishing attempts.
Feds invest $5.8 million to boost BC’s carbon management tech
Natural Resources Canada backs Agora, Anodyne Chemistries, and Svante as BC cements reputation as cleantech hub.
Tetra Trust parent secures backing from banks, FinTechs to launch Canadian stablecoin
ATB Financial, National Bank, Purpose Unlimited, Shakepay, Shopify, and Wealthsimple have backed Tetra’s vision.
‘Mission is a go’ for Canadian defence tech
Plus: Cohere co-founder calls out Sam Altman for AGI hype.