Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs
President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout.
Ottawa
Shopify CEO Tobi Lütke tells employees to prove AI can’t do the job before asking for resources
The e-commerce giant expects AI to be used in prototyping, and adds AI evaluation to performance review.
CVCA calls for temporary capital gains reduction, national investment tax credit in pitch to federal parties
Proposal also asks next government to follow through on VCCI, SR&ED reform, and domestic pension investment.
Kensington acquires One9 to establish a defence tech VC platform
Canadian VCs join forces to capitalize on rising interest in defence investment.
Conservative leader Pierre Poilievre promises to defer capital gains taxes if proceeds reinvested in Canada
Experts say “devil is in the details” for productivity gains.
Atomic discovery made at University of Ottawa could one day advance quantum computing, medical imaging
Physics team devised a new method for controlling ionization.
Liberals’ capital gains tax hike is dead, lifetime exemption limit increase to stay
Feds announce plans to scrap inclusion rate hike because “Canada is a country of builders,” PM says.
Shopify to transfer US stock listing to Nasdaq, remain on TSX
Stock transfer follows recent changes to Shopify’s SEC filings that show potential to become US-domiciled.
Shopify acquires search startup Vantage Discovery for undisclosed amount
Shopify CTO hints that Vantage’s AI-powered platform could help merchants advertise.
Federal investment to help Telesat take on Starlink with new Québec campus
The low Earth orbit satellite operations centre is expected to create 300 jobs.
Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding
Ada, Mission Control, and Loop Financial among supported companies.
Shopify merchants can now prompt AI to design a store theme
Merchants can generate up to three free personalized themes with a description of their business.
SDTC funding flowing again with applications for projects under NRC IRAP to open “early” fiscal 2025–2026
Transition of SDTC cleantech projects to NRC IRAP replacement program to conclude this spring.
Shopify’s latest SEC filings show potential to become US-domiciled, TD analyst warns
Canada’s largest tech company names New York executive office in new 10-K filing.
Rewind inks data protection partnership with workflow software giant Monday.com
Partnership could mark turning point for Ottawa company that saw momentum slow during 2023 downturn.