RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal
US-based private equity firm Francisco Partners purchases one of Canada’s largest payment processors.
Ontario
This Ottawa scientist believes skincare is a foothold into the future of medicine
BioThera Solutions’ Frédéric St-Denis-Bissonnette is working with molecules that could help fight cancer.
Fisent Technologies raises $4.3 million USD to help enterprises automate AI use
Toronto startup’s revenue grew more than 200 percent last year amid economy-wide rush to adopt AI.
Transformer Lab wants to automate research with new AI tool Primus
The AI lab claims it has produced 30 “Masters to PhD-level” research papers in 30 days.
How a giant battery is transforming a town centre in Cannington, Ontario
Toronto startup Civic Grid is trying to put a new face on public power sources.
America loves Canadian chips
Plus: Why sovereign rocket launches just got more important.
Canada could soon lose reliable rides to space. What will that mean for its burgeoning space industry?
As SpaceX scales back rocket rideshares, Canada’s space industry says it exposes “critical dependency.”
SAAS NORTH AI, Dominion Dynamics launch new dual-use defence summit
Deploy is a founder-focused summit in Ottawa for companies expanding into defence.
US chip giant AMD to acquire Taalas
Launched by former AMD employees and Tenstorrent leaders, Taalas aims to turn AI models into custom silicon.
CarDoor launches seller marketplace built on real-time bidding
MarketCheck moves CarDoor away from consumer retail toward dealer-focused sales.
Cross Border Impact Ventures secures $58 million USD for fund focused on women’s, children’s health
Toronto-based impact investor hopes to more than double the fund by second half of 2027.
Shopify stock surges on revenue beat in big quarter for merchants
Gross profit grew by 30 percent as company shipped agentic AI tools for e-commerce.
White Star Capital closes $350-million global fund
Managing partners say diversification and returns helped them in a difficult fundraising market.
U of T prof Sanja Fidler leaves as Nvidia’s VP of AI research
Fidler did not reveal her next move, but said world models are the “next breakthrough” in AI.
Telesat, MDA Space tapped for $2.3-billion Arctic satellite buildout
Federal contract will expand Lightspeed constellation from 156 to 225 satellites.