AI minister won’t rule out American involvement in Canada’s sovereign cloud
Evan Solomon says sovereign cloud strategy may have room for “multiple players.”
FINTRAC issues record-setting, $177-million fine against crypto exchange Cryptomus
Money laundering watchdog hands out hefty penalty for failure to submit over 1,000 suspicious transaction reports.
Canadian AI pioneers Yoshua Bengio and Geoffrey Hinton join global call to ban superintelligence development
More than 1,500 sign open letter warning of loss of freedom, dignity, and “potential human extinction.”
Koho refreshes joint accounts with new reward features
New offering targets young Canadians navigating affordability pressures through shared finances.
Aidan Gomez says Cohere could IPO “soon” as company holds secondary sale
CEO thinks Canadian AI scaleup will become profitable before 2029.
MaRS relaunches Capital Program to keep Canada’s “anchor” companies at home
Renewed program guides startups through fundraising with a “white-glove service.”
Clio the latest Canadian company to partner with Affirm for “buy now, pay later” service
Legaltech company also launches its own capital advance program as it tackles the enterprise market.
Feds commit $189 million to renew Black Entrepreneurship Program
Five-year extension will expand access to loans, mentorship, and data through three programs.
FreshBooks partners with Affirm to offer “buy now, pay later” feature
FreshBooks Payments invoices can now be paid through biweekly or monthly plans.
Danielle Smith expands ministerial team leading Alberta’s $100-billion AI data centre push
Nathan Neudorf joins finance and innovation colleagues as data centre proposals outpace power grid capacity.
Lyft to hire hundreds more staff in Toronto amid plans to open new tech hub
Toronto to become Lyft’s second-largest North American tech hub as company aims for 2026 opening.
Clio caps off year of big acquisitions by launching new enterprise division
Enterprise suite provides software for legal and business operations sides of large law firms.
ABK Biomedical raises $35 million USD to bring liver cancer treatment to market
Series D funding will support commercialization of Halifax company’s Eye90 microspheres.
Pawsible Ventures looks to sniff out opportunities in pet health
Vancouver-based studio’s inaugural fund is fetching $10 million to help build pet health startups.
Dominion Dynamics secures $4 million to modernize Arctic surveillance
Pre-seed round backed exclusively by Canadian investors, including Garage Capital and Golden Ventures.