Blue J Legal receives $2 million for legal-tech platform
Toronto-based Blue J Legal has received $2 million CAD in growth capital financing from CIBC Innovation Banking. Blue J has…
TouchBistro furloughs 131 employees as restaurants hit hard by COVID-19 pandemic
Toronto-based TouchBistro temporarily laid off 131 employees today, noting that COVID-19 has had a “devastating impact”…
Shopify’s email marketing tool Shopify Email launches globally
Today, Shopify announced the global launch of its email marketing tool Shopify Email. The Ottawa-based e-commerce company originally…
Here are the final details on the Canada Emergency Wage Subsidy
After being passed by Parliament and receiving Royal Assent over the weekend, the government has shared additional details…
Clearbanc tightens belt following new cashflow product for COVID-impacted companies
Toronto-based revenue share investor Clearbanc has launched a new product to support entrepreneurs facing a finance crunch…
Shopify’s Tobi Lütke and wife Fiona McKean pivot charitable foundation, make donations to fight COVID-19
Shopify CEO and founder Tobi Lütke and his wife Fiona McKean last year started a philanthropic organization focused on technological…
BDC launches matching investment program for Canadian VC-backed companies affected by COVID-19
According to a letter shared by the Canadian Venture Capital and Private Equity Association (CVCA), BDC Capital today launched…
Banks open up applications for $40,000 interest-free emergency business loans
On Thursday, April 9, banks officially opened up applications for the $40,000 interest-free loan program introduced by the…
As Lighthouse Labs faces staff cuts, extends coding scholarships to COVID-19 jobless
Coding school Lighthouse Labs has laid off 14 employees, citing necessary company changes brought on by COVID-19, BetaKit has…
Feds work to revise wage subsidy, but Canadian tech reaction is mixed
On Wednesday, Prime Minister Justin Trudeau confirmed the federal government is “relaxing” the criteria for the Canada…
InkSmith launches new company to address shortage of medical equipment
InkSmith, the Kitchener-based tech startup that has been creating personal protective equipment (PPE) for healthcare workers,…
Creative Destruction Lab launches COVID-19 rapid response program
Creative Destruction Lab (CDL) has launched a new program to focus on rapidly transforming tech innovations to aid in the current…
Shopify cancels plans to host annual developer conference virtually
Shopify has officially cancelled its annual developer conference, Unite, after initially looking to host a virtual event amid…
Borrowell lays off 20 percent of staff, citing financial institutions “pulling back” amid COVID-19
Toronto-based FinTech startup Borrowell has laid off approximately 20 percent of its staff, as the impacts of the COVID-19…
Government drafting legislation on wage subsidy ahead of recalling parliament says Trudeau
During his daily media briefing on Monday morning, Prime Minister Justin Trudeau said his government is drafting legislation…