Xanadu makes solid debut as it begins trading on TSX and Nasdaq
Toronto-based quantum company the first new Canadian tech firm to list on the TSX since 2021.
Markets
Opendoor hiring in Canada as it looks to make Toronto a “major hub”
Up to 100 people could join Toronto team, but company has no immediate plans to enter Canadian market.
Xanadu set to go public as SPAC deal clears shareholder vote
Quantum firm will be first Canadian tech company to list on TSX since 2021.
MDA Space seeks $300 million USD through IPO on New York Stock Exchange
Firm will keep TSX listing as it raises capital for growth and potential debt paydown.
Damon CEO, CFO, and board resign following prolonged struggle on public markets
Company’s future uncertain as more than 3,000 people wait for a Damon electric motorcycle.
Canadian businesses expect more uncertainty as US Supreme Court strikes down Trump’s tariffs
US president claims more tariffs are coming through different legal mechanisms.
Q&A: Xanadu’s Christian Weedbrook on why quantum ought to be a national defence priority
CEO talks data centre dreams and ensuring Xanadu stays in Canada as it prepares to go public.
Bank of Canada orders XTM to cease retail payment activities after investment regulator halts trading of its stock
Bank cites “serious concerns” that XTM failed to safeguard client funds as customers report missing money.
Shopify stock slumps despite record-breaking Q4 revenue
E-commerce giant authorizes $2-billion USD share buyback as CFO touts strong balance sheet.
OpenText beats expectations thanks to strong cloud growth in Q2
Executives said quarterly results show progress of strategic initiatives.
Despite Q3 loss, Lightspeed optimistic on executing growth and profitability plan
Retail tech firm’s shares dipped slightly amid a tough week for software stocks.
“Meditate and stay calm”: Hopper, Lightspeed CEOs on how to survive as a founder
Frederic Lalonde and Dax Dasilva unpack “rollercoaster” journeys at North Star event.
Class-action lawsuit targets MDA Space over scrapped, $1.8-billion EchoStar deal
Investors allege firm didn’t disclose regulatory risk before contract collapsed.
General Fusion to go public on Nasdaq via $1-billion USD SPAC deal
BC company claims it will be the first publicly traded pure-play fusion company.
Goodfood sees “pressure” in meal kit market as it posts 21-percent drop in sales
Despite $2.6 million net loss, Goodfood exec claims Q1 represents “a clear step in stabilizing the business.”