Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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BetaKit - Canadian Tech & Startup News
Canadian Tech & Startup News
Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Josh Scott

Josh Scott

Josh Scott is BetaKit’s lead reporter. He is based in Toronto but breaks news and tells in-depth stories from across Canada about all sorts of tech companies, the folks building and backing them, and the surrounding ecosystem. He has won SABEW Canada’s 2023 Jeff Sanford Best Young Journalist and 2024 General Excellence - Reporter at a Small Publication awards. Josh’s coverage is more complete than his moustache and he’s always open to pitches (josh.scott[@]betakit.com) and tips (@jossco.77 on Signal).

Funding

AlterBiota closes $4-million seed round in mission to decarbonize concrete

May 3, 2024

Invest Nova Scotia, BDC-backed AlterBiota has developed a sustainable concrete additive.

Retail

South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub

May 2, 2024

Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.

Acquisitions

WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada

May 1, 2024

WonderFi and some disgruntled shareholders have also reached a deal to refresh its board.

Chrystia Freeland
Ottawa

Capital gains tax changes not included in feds’ Budget 2024 motion bill

Apr 30, 2024

Freeland continued to back tax changes but dodged questions about their absence from the motion.

Funding

Galatea secures $2.7 million to help oil and gas companies tackle waste disposal

Apr 30, 2024

Amid shifting environmental and regulatory landscape, Calgary firm eyes US expansion.

Ottawa

How Canada’s capital gains tax changes might impact Canadian tech

Apr 26, 2024

BetaKit breaks down changes for tech founders, funders, workers, and firms.

Finance Minister Freeland undeterred following meeting with Canadian tech leaders over capital gains tax changes

Apr 19, 2024

Freeland: “We believe in this budget. We really believe in the investments this budget is making.”

Justin Trudeau and Chrystia Freeland
Ottawa

Capital gains tax changes strike a nerve with Canadian tech ecosystem

Apr 17, 2024

Over 750 leaders have already signed an open letter calling on feds to reverse course.

PM Trudeau and DPM Freeland speaks with media in West Block. July 16, 2020
Funding

What’s in #Budget2024 for Canadian tech?

Apr 16, 2024

All eyes in Canadian tech are on AI, open banking, cleantech, and… taxes?

FinTech

As FinTech sector anticipates open banking in Budget 2024, Payments Canada reveals no Real-Time Rail until at least 2026

Apr 16, 2024

Payments Canada did not share when it hopes to officially launch the RTR payment system.

Funding

Vidyard rolls out AI avatars after securing funding from EDC and existing backers

Apr 16, 2024

With AI Avatars, Vidyard aims to facilitate “personalized video communications at scale.”

Acquisitions

WordPress owner acquires Eric Migicovsky’s messaging app Beeper following spar with Apple

Apr 12, 2024

Under Automattic’s wing, Beeper aims to continue building “the best chat app on Earth.”

Edison-Motors
Funding

CleanBC program investigation prompts fear of provincial startup fallout from cleantech and grant experts

Apr 12, 2024

“The first people that lose out are the companies [that] the program was set up for.”

Funding

Define Capital closes $20 million to acquire and nurture profitable niche software companies

Apr 8, 2024

New Toronto private equity fund aims to follow in Constellation’s footsteps.

Budget2024 AI announcement
Funding

Federal government commits $2.4 billion to AI compute, startups, and safety through Budget 2024

Apr 7, 2024

Liberals aim to help “maintain Canada’s competitive edge” in AI with new spending.

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