Report: Startups could fuel the recovery of Canada’s economy
Job losses in the tech sector could dramatically damage productivity across Canada, according to a new report commissioned by the Innovation Economy Council (IEC),…
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Report reveals widespread impact of COVID-19 on underrepresented entrepreneurs
Since the onset of the COVID-19 pandemic, eighty-five percent of underrepresented entrepreneurs in Canada have experienced a loss in revenue, contracts, and cash flow,…
Report: Number of Canadian startups significantly impacted by COVID-19 slightly higher than global average
According to a new report for Startup Genome, 58 percent of startups in Canada say their industry has been “affected significantly” by the COVID-19…
Lightspeed sees reduced demand for e-commerce services, as restaurants, retailers heavily affected
Montreal-based Lightspeed POS has reported that social distancing measures in place due to COVID-19 have impacted merchants’ overall demand for the e-commerce company’s services….
Survey finds 82 percent of tech CEOs plan to make layoffs after being left out of federal wage subsidy
A new survey from the Council of Canadian Innovators (CCI) estimates that around 39,000 Canadian information and communications technology companies are currently ineligible for…
Report: As COVID-19 causes job postings to plunge, software development stable
As the COVID-19 pandemic begins to impact the job market in Canada, postings for new positions are beginning to fall, according to new data…
Hockeystick launches list of active funders as COVID-19 creates cash crunch for Canadian startups
As the Canadian economy prepares for the effects of the COVID-19 (coronavirus) outbreak, Toronto-based market data company Hockeystick has released a new list of…
Report: Canadian VC investments set record in 2019 as tech sector dominates
Canadian venture capital (VC) investment reached new heights in 2019, with a record $6.2 billion CAD invested over 539 deals, according to a new…
Canada sees improvement from 2019 as eight Canadian startups appear on CB Insights’ AI 100
Eight Canadian artificial intelligence startups have made CB Insights’ AI 100, a marked difference from last year, which saw only one Canadian startup make…
Report suggests making 407 autonomous vehicle highway, other ways prepare Toronto area for autonomous future
As Canada prepares for an autonomous future, Toronto will need to scale its deployment of autonomous vehicles (AV), according to a report by the…
Tech funding in the GTA reaches record $3.1 billion in 2019, report finds
Tech companies in the Greater Toronto Area (GTA) surpassed $3 billion in investments last year, according to an ecosystem report released by startup hub…
Shopify surpasses revenue expectations in Q4 2019 financial results
Shopify has released its Q4 and full-year 2019 financial results, the period which ended December 31, 2019. The Ottawa e-commerce company has surpassed predictions…
Jim Balsillie led expert panel on intellectual property releases report
The expert panel that was established as part of the Ontario government’s 2019-2020 budget released its report on Tuesday, outlining its recommendations on how…