Canada maintains fourth place in StartupBlink’s global ecosystem rankings
Canada has maintained its fourth position in StartupBlink’s 2021 global ecosystem rankings, but the gap between Canada and…
Reports
Despite pandemic challenges, new business creation in Canada was strong over the last year
Despite the many challenges faced by Canadian businesses throughout the COVID-19 pandemic, entrepreneurship and new business…
Reports argue Canada’s IP lag only “part of the challenge” in scaling homegrown innovation
Two new reports released by the Innovation Economy Council (IEC) argue that Canada’s bemoaned lag in IP generation is just…
Q1 2021 highest on record for Canadian venture capital with $2.7 billion invested
The first quarter of 2021 was a history-making one for Canadian venture capital with the highest-ever recorded amount invested…
Privacy commissioner calls proposed privacy legislation a “step back” from current laws
The federal government’s proposed privacy legislation has received blowback from Canada’s privacy commissioner, who recently…
Toronto became a healthtech hotbed in 2020
Healthtech has emerged as a leading vertical for venture capital investment in the Greater Toronto Area (GTA) as COVID-19 pushed…
New report shows Montréal caught up to Toronto as Canada’s leading tech ecosystem in 2020
Venture funding in Montréal reached an impressive $1.15 billion in 2020, solidifying the city as one of the top startup ecosystems…
Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem
Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage…
Shopify helped generate $307 billion in economic activity last year amid pandemic’s impact on retail
Global economic activity from merchants on Shopify reached $307 billion in 2020, according to a new report released by the…
New report indicates potential investing gap for BC’s early-stage startups
A new analysis by Hockeystick of British Columbia’s deal activity for 2020 shows a gap in early-stage startup funding. Hockeystick’s…
Despite small decline in deals, Waterloo Region remained a healthy startup ecosystem in 2020
Waterloo Region startups raised $689.6 million for all of 2020 — up 107 percent over 2019, according to Hockeystick’s latest…
Report: Canadian VC funding reached new record in Q1 2021
Canadian venture funding hit a record high of $2.49 billion USD in the first quarter of this year, breaking the previous record…
Facedrive provides new information on company operations following OSC request
Toronto-based ride-sharing company Facedrive recently provided what it called “clarifying information” on its acquisitions…
Key Superclusters architect argues program needs more time to be fully evaluated in new report
John Knubley, one of the people responsible for the creation of the Government of Canada’s Superclusters program, argues…
Five Canadian startups named to CB Insights’ 2021 AI 100 list
Five Canadian artificial intelligence (AI) startups have made CB Insights’ fifth annual AI 100 list, which aims to highlight…