Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Canadian Tech & Startup News
Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Madison McLauchlan

Madison McLauchlan (she/her) reports on tech and innovation for BetaKit from Tiohtià:ke/Montréal. You can reach her (in French or English) at madison.mclauchlan@betakit.com or on Signal at madisonmcla.12.

Canada flag
Impact

DEI rollback is the “wrong direction for Canada,” open letter says

Feb 24, 2025

Over 350 tech signatories express support for “Canadian values” of equity and inclusion.

Shopify Build Black
Layoffs

Black merchants disheartened after Shopify guts another Equitable Commerce program

Feb 23, 2025

Following end of Build Native, access to Build Black Slack channel locked at start of Black History Month.

Funding

Sherbrooke’s quantum sector gets $8.1-million boost from federal government

Feb 21, 2025

Quantum error-correction startup Nord Quantique to put $1.8 million toward quantum computer assembly lab.

Canada flag
Funding

Megadeals kept Canadian VC funding afloat in 2024: report

Feb 19, 2025

Clio’s historic Series F round prevented Canada’s VC funding totals from dropping six percent year-over-year.

BDC
Funding

BDC Capital targets late-stage tech companies with nearly $1 billion in new fund commitments

Feb 18, 2025

Investment bank’s Growth Venture Fund will now directly invest in Canadian tech companies.

Events

Canada looks to strike balance between AI innovation and regulation at Paris AI Summit

Feb 14, 2025

Trudeau’s likely last AI policy contributions come as the EU and US grow further apart.

Knix, Hopper, Grammarly founders among business leaders asking for “immediate recall” of Parliament

Feb 12, 2025

Canadian tech CEOs and investors join open letter signatories urging government to face tariff threat.

Buy Beaver logo

Canadian tech looks to support its own against US tariff threat

Feb 12, 2025

Tariff trackers, startup directories, and Buy Beaver apps are the latest fronts in the Canada-US trade war.

Funding

Coral closes $4.1-million seed round to launch menopause virtual care platform

Feb 11, 2025

Ex-Dialogue, Skylight co-founders aim to address gaps in management of “debilitating” menopause symptoms.

Funding

CDPQ launches program to help Québec startups pivot amid tariff threat

Feb 7, 2025

Provincial government pledges “COVID-like” loans for businesses to reach new markets if tariffs hit.

Impact

Reliant on US materials and production, Canadian consumer goods startups could be caught in trade war crossfire

Feb 7, 2025

Pet food company Healthybud says Canada’s retaliatory tariffs will take a bigger bite out of its margins.

Markets

Dax Dasilva on staying public, Lightspeed’s plans for growth, and hiring in MontrĂ©al

Feb 6, 2025

Lightspeed sets focus on company’s “two crown jewels,” North American retail and European hospitality.

Layoffs

SRTX temporarily lays off 40 percent of staff ahead of US tariff “worst-case scenario”

Feb 5, 2025

Sheertex tights maker says tariffs could slap 41-percent duty on some shipments to US.

US pauses tariffs on Canada as two countries work through new border commitments

Feb 3, 2025

Canada to appoint Fentanyl Czar and spend additional $200 million to combat organized crime and fentanyl.

Funding

FLiiP raises $4.4 million in seed financing to grow fitness industry management software

Feb 3, 2025

Québec gym owner developed platform to streamline operations, customer success.

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