Wise launches chequing account for Canadians
Launch is the latest in European FinTech’s growing rollout of products and services in Canada.
Toronto
Portage closes fourth FinTech VC fund at $600 million USD
Portage is the FinTech investment arm of Power Corporation-owned Sagard.
Cohere reaches terms with German peer Aleph Alpha to take on AI giants
Combined company will retain the Cohere name and become dual-headquartered in Toronto and Berlin.
Canada Rocket Company wants to build a sovereign alternative to SpaceX’s Falcon 9
CRC hopes to keep it simple as it races to space on the tailwinds of Canada’s renewed interest in the stars.
“Canada is back”: tech makes its pitch to global investors at CVCA growth forum
GPs and LPs clock “genuine excitement” about Canadian tech from foreign peers close to PM’s summit.
BDC outlines how it will deploy $1 billion from its Defence Platform into funds and startups
Crown corporation increased direct defence investment capacity and pledged more to defence-focused fund-of-funds.
Carney announces Productivity Mega Deduction tax incentive to spur business investment in Canada
At Canada Investment Summit, PM revealed proposed tax incentive and other measures to attract foreign capital.
Radical Ventures launches Canada’s largest AI fund with $1-billion USD first close
Leading Canadian pension funds and banks back Toronto AI investor’s late-stage strategy.
Toronto Tech Week announces dates for 2027 edition
Co-founder Mell Truong steps into executive director role of grassroots tech conference.
Cohere CEO Aidan Gomez says Canada could become a data centre superpower
Remarks at the Canadian Global Growth Forum follow recent guidelines on data centre development in Canada.
Define Capital acquires Synergy Gateway Verified as it enters the postsecondary market
SGV marks Define’s fourth acquisition to date as it nears $20 million CAD in ARR.
CIBC commits $2 billion to financing smaller defence and dual-use businesses
Toronto-based bank joins BMO, RBC, and Canada’s other big banks in ramping up its support for defence.
Wittington Ventures closes third, $180-million VC fund
Weston family-backed firm plans to back 15 more startups.
The tech projects Canada is selling to global investors at next week’s summit
Pitchbook of investable Canadian projects spans quantum, AI data centres, and carbon capture.
Toronto Pearson wants to clear biometric travel for takeoff
The airport is testing facial verification at boarding as it prepares to handle 65 million passengers a year.