Government extends CERB, announces transition plan to EI including newly proposed benefits
On Thursday, The Government of Canada announced that it is extending the Canada Emergency Response Benefit (CERB) by an additional…
Remote training startup Synapse raises $2.6 million CAD to grow new sales stream
Amid the ongoing COVID-19 pandemic, the world has seen an increased demand for remote work tools. Synapse has felt the results…
Attabotics raises $66 million CAD Series C round
Attabotics, a Calgary-based startup that has created a robotic warehousing and fulfillment system, has raised $65.9 million…
OneEleven to return under OCE control in next few weeks
OneEleven, the once shuttered Toronto incubator, is set to return in the next few weeks under Ontario Centres of Excellence…
Applications open for the expanded Canada Emergency Wage Subsidy
The applications for the fifth period of the Canada Emergency Wage Subsidy (CEWS) program, the first period since the subsidy…
Intuit Canada joins Digital Main Street to support small businesses with digital transformation
Intuit QuickBooks Canada is set to announce plans to work with Digital Main Street as the organization looks to help Canadian…
Atomwise raises $163 million CAD Series B
Atomwise, which operates an artificial intelligence (AI)-based drug discovery platform, has raised $163 million CAD ($123 million…
Shopify cuts office staff amid remote work shift
Shopify has laid off internal operations staff as the Canadian tech giant shifts to a permanent remote work model, BetaKit…
Canadian tech says continued IRAP IAP funding “critical” to sustaining business amid pandemic
Following the extension of the emergency wage subsidy to December, the Canadian tech sector is hoping to pressure the federal…
Canadian government officially launches COVID-19 “exposure notification” app
The Government of Canada announced the official launch of its national COVID-19 “exposure notification” app on Friday.…
OSC introduces interim order to help facilitate startup securities crowdfunding
The Ontario Securities Commission (OSC) has introduced an interim local order that adopts a startup crowdfunding “regime”…
Financial Data Exchange launches in Canada looking to create industry standard for financial data sharing
Financial Data Exchange (FDX), a United States-based non-profit organization dedicated to developing an industry standard for…
Shopify revenue grows 97 percent in Q2 2020 as large number of retailers join platform
Shopify has released its financial results for Q2 2020, the period which ended June 30, 2020; recording a total revenue of…
StellarAlgo closes $1.5 million to help sports, live audience sector better engage with fans
StellarAlgo is a Calgary-based startup that has developed a SaaS customer data platform that allows live audience businesses,…
Diagram-backed Wingocard closes $2 million to bring mobile banking to teens
Wingocard, a new Montreal-based startup focused on personal finance for teens, has closed a $2 million seed round led by Diagram…