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.
Platform Calgary president and CEO Terry Rock leaving for Alberta Innovates
COO Jennifer Lussier will step in as interim leader.
Ottawa launches Defence Investment Agency to overhaul military procurement
New office promises faster approvals, earlier industry engagement, and domestic economic benefits.
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.
Minister Evan Solomon reveals Canada’s AI Task Force
Patrick Pichette, Joelle Pineau, and Dan Debow among those tapped by federal government.
Google Android head Sameer Samat, FinTech CEO Odilon Almeida join Lightspeed board
CEO Dax Dasilva says the pair “fortify two strategically important areas” for the company.
NordSpace’s second rocket launch attempt flames out after multiple launchpad fires
Second launch window expires as fuel issues delay rocket launch.
Sheertex maker SRTX confirms permanent cuts for 92 employees
Montréal startup formalized August dismissals shortly after CEO handoff to BonLook co-founder Sophie Boulanger.
Telus opens inaugural Sovereign AI Factory in Rimouski
Facility lets Canadian entities develop and tweak AI while keeping their data in Canada.
Canada will update AI strategy a year ahead of schedule: Evan Solomon
AI minister says Canada “can’t afford to wait” as government assembles AI strategy task force.
TikTok collected personal info from “a large number” of Canadian children
Social media platform updates protections for kids after privacy watchdogs’ report.
Cohere’s valuation hits $7 billion USD following $100-million round extension
Canada’s leading AI company raised $500 million USD at a $6.8 billion valuation in August.
Variational AI lands “up to” $349 million USD to discover drugs with Merck
Vancouver firm’s AI platform will generate chemical compounds based on Merck’s therapeutic targets.
Loblaw expands Gatik deal to 50 driverless trucks by 2026
Renewed partnership moves beyond trials to serve more than 300 GTA stores.
Toronto Tech Week returns in 2026
2026 edition will take place in May and feature the return of the flagship Homecoming event.