Report: Canadian angel investment reached record-breaking $163.9 million in 2019
Angel investment reached a new record of $163.9 million in 2019, bringing angel activity to more than $1 billion in Canada…
While venture funding stays consistent, BC startup deal count sees Q1 decline
Venture funding in British Columbia (BC) reached $246 million over 50 deals in the first quarter of 2020, as Victoria emerged…
Sun Life leads $43 million round of financing in telehealth startup Dialogue
Montréal-based telehealth startup Dialogue has raised $43 million CAD led by Canadian life insurance company Sun Life Financial.…
Elevate cancels 2020 tech festival, secures $5 million to launch new global innovation hub
As Elevate joins the drove of conferences to cancel their 2020 events due to safety concerns caused by the COVID-19 pandemic,…
Two years after acquisition of Hubdoc, Xero names Toronto its North American tech hub
New Zealand-domiciled small business accounting platform Xero has named its existing Toronto office as the company’s North…
CRA extends payment deadline on tax returns, offers interest relief on tax debts
The Canada Revenue Agency (CRA) has extended the payment deadline for individual, corporate, and trust income tax returns for…
SaaS startup Conexiom raises $40 million in strategic growth financing
Vancouver-based Conexiom, a supply chain SaaS startup offering sales order and invoice automation solutions for manufacturers…
eSight launches fourth version of wearable glasses for people with visual impairments
Electronic glasses company eSight has launched eSight 4, the newest version of its wearable assistive device designed to enhance…
Senate passes changes to 75 percent wage subsidy
The Liberal Party of Canada’s proposed changes to the Canada Emergency Wage Subsidy (CEWS) passed in the Senate Monday. The…
Fable Tech Labs raises $2 million seed round to bring accessibility to digital products
Fable Tech Labs, a Toronto-based startup that aims to help businesses test whether or not their technology is accessible to…
VC division makes up almost half of BDC’s $218 million net loss for 2020 fiscal year, amid COVID-19 volatility
The Business Development Bank of Canada (BDC) doled out $7.4 billion in loans in the fiscal year 2020, an increase of 2.5 percent…
Alberta recovery plan a “first step” in addressing tech sector’s support recommendations
Last year, the government of Alberta made significant cuts to programs aimed to spur growth in its tech ecosystem, resulting…
City of Toronto commits $250,000 to expansion of Black Innovation Fellowship
The Black Innovation Fellowship (BIF), a DMZ program designed to provide Black tech startup founders with more equitable entrepreneurial…
Knockri raises $3 million seed round to eliminate job interview bias through AI
Toronto-based Knockri, which has developed an artificial intelligence-based (AI) video recruiting tool aimed to enable fairer…
Spring Activator launches program to help BC entrepreneurs recover from COVID-19
Spring Activator, an incubator and accelerator based in Vancouver, has launched Business Resilience Program, a new online course…