NGen commits $19 million to 12 new AI manufacturing projects
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NGen commits $19 million to 12 new AI manufacturing projects

Industry contributions bring the total value of the projects to $55 million. Next Generation Manufacturing Canada (NGen) has announced $19 million in innovation cluster…

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Latest Alberta, BC budgets target talent shortage with otherwise minimal new tech investment
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Government of Alberta proposes changes to clear path for tech firms to use ‘software engineer’ title

The province’s new bill follows tech sector clash with engineering regulator. The Government of Alberta has tabled changes designed to enable technology companies in…

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Auditor General to probe SDTC following ISED-commissioned investigation
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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…

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BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund
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BDC Capital recommits to leading seed deals in startups across Canada with new $50-million fund

VCs applaud BDC’s commitment to direct seed funding, ask for more emerging manager support. The Business Development Bank of Canada (BDC) has launched a…

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Eavor
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Canada Growth Fund injection tops Eavor’s Series B at $182 million

The Canada Growth Fund has invested $90 million into Eavor’s funding round. Calgary-based cleantech startup Eavor’s Series B funding round now totals $182 million…

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"Godfather of deep learning" Geoffrey Hinton quits Google to warn against dangers of AI
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Hinton, Bengio, among 24 expert signatories with policy-focused AI recommendations in new letter

Signatories include multiple CIFAR chair members behind Canada’s Pan-Canadian AI Strategy. Canadian artificial intelligence (AI) pioneers Geoffrey Hinton and Yoshua Bengio have added their…

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Federal, Québec governments invest over $7.6 million into quantum telecom testbed

The testbed will allow businesses to experiment with quantum technologies for telecom networks. The federal government and the Government of Québec are jointly investing…

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PacifiCan invests $9.9 million CAD into Innovate BC’s cleantech adoption initiative

The Integrated Marketplace links local tech companies to industry partners looking to decarbonize. The Pacific Economic Development Agency of Canada (PacifiCan) is investing $9.9…

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Semiconductor
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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)…

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Canadian Council for Aboriginal Business receives $500,000 from federal government to address barriers for Indigenous entrepreneurs

The new funding will help the CCAB promote the federal government’s 50-30 challenge. The federal government is providing $500,000 to the Canadian Council for…

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