Payments Canada launches real-time payment transfer system
Payments Canada is replacing the 20-year-old electronic wire system for payment transfers with a new solution called Lynx.…
Ottawa
Funding roundup: Zilia, Lytica, GrowthGenius, Plentywaka, LifeBooster
Five Canadian tech companies have recently secured fresh funding to fuel their growth. Here are the details on who raised money,…
Shopify, TikTok expand partnership to allow shopping directly through social app
TikTok and Shopify have announced plans to expand their partnership, allowing consumers to browse and discover products from…
Funding roundup: Blue J, Fable, Eavor, HaiLa, and more
Nine Canadian tech companies recently secured funding. Here are the details on who raised money, how much, from whom, and what…
Telesat secures $1.44 billion commitment from Government of Canada
Satellite communications company Telesat has secured a commitment of $1.44 billion from the Government of Canada, to help the…
Ontario commits $109 million towards Telesat’s race to launch low-earth-orbit satellite network
Telesat is set to receive $109 million from the Ontario government to support the Canadian satellite company’s race to…
Acquisition roundup: Clio, ChainSafe, Versaterm, Obie, Covience, SquareFeet.ai, LifeLearn Animal Health
Seven Canadian tech companies have recently made acquisitions or have been acquired, including Clio, ChainSafe, Versaterm,…
Shopify surpasses $1 billion quarterly revenue milestone in Q2 2021 results
Canadian ecommerce giant Shopify announced its first-ever $1 billion revenue quarter today driven primarily by soaring gross…
RBC joins as financial anchor partner for new Kanata tech hub
The Royal Bank of Canada (RBC) has signed on to become the anchor financial sponsor for Hub350, a new technology park the Kanata…
Shopify launches new, centralized chat product for merchants
Shopify has officially launched Shopify Inbox, a free, new platform product that unifies the company’s existing chat tools,…
Latest CBRE report shows Canada has some of the fastest-growing tech talent pools in North America
Between 2015 and 2020, Toronto and Vancouver’s tech talent pools each experienced faster growth than any other large tech…
Canvaspop acquired by HIG Capital-owned Circle Graphics
Ottawa-based e-commerce startup Canvaspop has been acquired by Colorado’s Circle Graphics for an undisclosed amount. Canvaspop…
EDC commits $200 million to new Inclusive Trade Investments Program
Export Development Canada (EDC) has committed $100 million CAD in fresh funding towards equity support for underrepresented…
Eli Fathi retiring as MindBridge CEO
After almost four decades of founding and scaling tech companies, MindBridge CEO Eli Fathi is retiring as of June 30. As of…
Loren Padelford, driving force behind Shopify Plus, latest exec to depart company
Shopify has seen yet another departure from its senior leadership team, with Shopify Plus executive Loren Padelford announcing…