Tag: government of canada
Private open banking update: TD signs with Plaid, Xero signs with Flinks
Flinks, Xero aim to help businesses tap into bank feeds as TD, Plaid aim to ease app access. Montréal-based, National Bank-owned FinTech firm Flinks…
Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024
Canada commits to “consumer-driven finance” and more powers for the Competition Bureau. While light on new funding for the country’s innovation economy, the federal…
Auditor General to probe SDTC following ISED-commissioned investigation
ISED paused new SDTC funding after third-party report uncovered conflict of interest, governance issues. The Office of the Auditor General of Canada (OAG) plans…
As semiconductor re-shoring efforts heat up, SILICAN urges feds to provide more targeted domestic chip support
New report comes after US commits $50 billion to its own domestic chip sector. The Semiconductor Industry Leadership and Innovation Canada Action Network (SILICAN)…
Federal government launches consultation on AI’s copyright implications as privacy watchdog seeks input on new biometrics guidance
Consultations come as Canadian authorities explore how to regulate emerging technologies. The Government of Canada and the Office of the Privacy Commissioner of Canada…
Federal government announces first VCCI inclusive growth stream VC fund recipients
BKR Capital, District Ventures Capital, Ripple Ventures, Sandpiper Ventures, The51 receive portion of $25 million. The Government of Canada is investing up to $25…
Ecosystem fears cleantech funding gap as ISED pauses SDTC funding following mismanagement investigation
ISED-commissioned report found conflict of interest, governance issues at SDTC. The Government of Canada has suspended Sustainable Development Technology Canada (SDTC) from funding new…
Canada launches voluntary code of conduct for the responsible use of AI
Cohere, OpenText among first signatories. Cohere, a competitor of ChatGPT creator OpenAI, announced it is signing on to Canada’s new voluntary artificial intelligence (AI)…
GrowerIQ secures $1 million from Government of Canada to enhance its cannabis-tracking system and support international expansion
Toronto-based GrowerIQ, which sells enterprise resource planning (ERP) software to cannabis producers, has been awarded over $1 million CAD by the Government of Canada,…
CCI calls for Parliamentary Technology and Science Officer to help get AI regulation right
CCI report says AI opportunities to reach $2 trillion by 2030. A new report on the artificial intelligence (AI) sector warns that while Canada…