Shopify taps Microsoft executive Mikhail Parakhin as its new CTO
Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning.
Ottawa
Government of Canada launches consultations on Budget 2024 proposals
Feds inviting Canadians to share thoughts on capital gains, CEI, open banking, cleantech tax credits, and more.
Get ready for the BetaKit Keynote Stage at SAAS NORTH 2024
Leaders from Tealbook, Certn, Passage, and more to headline Canada’s SaaS conference November 13 to 14.
Marketing platform MaxBounty acquired by German ad firm Mrge
MaxBounty is the second Canadian company acquired by a Mrge in just over a year.
Feds reveal new changes to Canadian Entrepreneurs’ Incentive as part of capital gains tax overhaul
Government proposes to cut the incentive’s rollout period in half.
Shopify’s venture into brick-and-mortar payments pays off, revenue grows 21% in Q2
Navigating a mixed consumer spending environment, the company brought in $2 billion USD.
Interior design project management platform Mydoma acquired by California’s Studio Designer
Companies will support nearly 20,000 interior designers across the United States and Canada combined.
ReliON secures $3 million as the first company incubated out of Diagram Ventures ClimateTech fund
Diagram led the round as ReliON looks to bolster its EV charger operation and maintenance platform.
Raven Connected intends to grow workforce by 25 percent with Series A funding led by Telus Global Ventures
Connected car startup uses machine vision to track and analyze company vehicles and drivers.
Ottawa companies receive FedDev funding for AI, semiconductor, biotech work
FedDev invested nearly $20 million across nine Ottawa-based companies.
Shopify announces embedded AI as part of Summer 2024 Edition product updates
Shopify is using AI for image editing, product creation, customer support, navigation.
Parliament sets the stage to enact capital gains tax changes
Nearly all Conservative MPs, including leader Pierre Poilievre, voted against the motion.
Sonya Shorey officially named president and CEO of Invest Ottawa
Shorey held the lead on an interim basis following Michael Tremblay’s November 2023 departure.
Feds resume SDTC funding under NRC following damning AG report
Auditor General found “significant lapses” in STDC’s governance and management of public money.
Shopify acquires popular no-code checkout customizer Checkout Blocks
The acquisition has made Checkout Blocks’ starter version free for all Shopify Plus merchants.