FINTRAC fines crypto giant Binance $6 million for flouting anti-money laundering laws
The penalty comes shortly after an Ontario court certified a class action against the firm.
Pulse check: BetaKit Town Hall attendees discuss the state of Canadian tech and where it needs to go
What leaders from Ada, Communitech, Growclass, Highline Beta, Knix, and others said at the event.
Shopify posts revenue beat and surprise loss in Q1, touts European growth
Company plans to remain focused on building for long-term growth and profitability.
Applications open for Innovate BC’s Ignite program to fund local R&D projects
Grants of up to $300,000 are available to BC initiatives in cleantech, energy, mining, agriculture.
Potential Motors secures $2 million to commercialize terrain-perception software for off-road vehicles
After years of R&D, Potential says it is ready to take its core tech to market.
AlterBiota closes $4-million seed round in mission to decarbonize concrete
Invest Nova Scotia, BDC-backed AlterBiota has developed a sustainable concrete additive.
South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada
WonderFi and some disgruntled shareholders have also reached a deal to refresh its board.
Capital gains tax changes not included in feds’ Budget 2024 motion bill
Freeland continued to back tax changes but dodged questions about their absence from the motion.
Galatea secures $2.7 million to help oil and gas companies tackle waste disposal
Amid shifting environmental and regulatory landscape, Calgary firm eyes US expansion.
How Canada’s capital gains tax changes might impact Canadian tech
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
Freeland: “We believe in this budget. We really believe in the investments this budget is making.”
Capital gains tax changes strike a nerve with Canadian tech ecosystem
Over 750 leaders have already signed an open letter calling on feds to reverse course.
What’s in #Budget2024 for Canadian tech?
All eyes in Canadian tech are on AI, open banking, cleantech, and… taxes?
As FinTech sector anticipates open banking in Budget 2024, Payments Canada reveals no Real-Time Rail until at least 2026
Payments Canada did not share when it hopes to officially launch the RTR payment system.