CDL Defence, Vimy Forge, and Calian Ventures launch programs to boost Canadian defence tech
A wave of new accelerators aim to accelerate dual-use startups and strengthen sovereignty.
Ottawa
Canada’s productivity problem takes center stage at Competition Summit 2025
Industry leaders say regulation is stifling startups, even as Ottawa pledges to be “hawkish” on competition.
Hyperlume snapped up by San Jose-based Credo for undisclosed amount
Sale comes seven months after the Ottawa startup’s nearly $18-million CAD seed round.
Entrepreneurs face more than a decade wait for Canada’s Start-up Visa
Once a 12-month process, the SUV has ballooned amid concerns about the program’s misuse.
Shopify merchants to sell directly through OpenAI’s ChatGPT with new partnership
Shopify stock jumps six percent after widely rumoured partnership is made official.
TikTok collected personal info from “a large number” of Canadian children
Social media platform updates protections for kids after privacy watchdogs’ report.
SAAS NORTH is serving up a new playbook for founders
On Nov. 5-6, Ottawa will host two days of candid talks on building and scaling SaaS in the age of AI.
Shopify COO Kaz Nejatian leaves to lead Opendoor
Nejatian leaves for US real estate firm where pay package could exceed $2.6 billion USD.
2Keys security breach exposes government-stored emails and phone numbers
Treasury Board says info tied to CRA, ESDC, and CBSA users was accessed before phishing attempts.
Dominion Dynamics to test defence tech in “extreme” environment through Arctic Training Centre partnership
The Ottawa startup says it has raised a “very substantial” pre-seed round since its June founding.
NATO backs Canadian defence tech with nearly $1 million for two companies
Reaction Dynamics and Tactiql each get 300,000 euros as part of DIANA tech accelerator.
Shopify bolsters product design team with acquisition of Molly Studio
E-commerce giant’s new Product Design Studio to operate like an “internal agency.”
Semiconductor manufacturer Ranovus plans $100 million expansion of Ottawa facility
Ontario supports investment with $2 million grant following industry calls to support homegrown innovation.
Zenbooks co-founder launches OpenSME to rally Canadian small businesses behind open banking
Accountant-turned-advocate Eric Saumure wants Canada to get open banking right for small business.
Shopify regains status as Canada’s most valuable company with strong Q2 earnings
Stock surges 20 percent as CFO claims no “meaningful changes” from tariffs.