Tag: govt
Canada losing its appeal to Indian tech workers following diplomatic tensions, affordability challenges
Nearly half of the 32,000 tech workers who moved to Canada between April of 2022 and March of 2023 originated from India. When Kanchan…
University of Alberta targets $50 million with new innovation fund, announces first investment in AI system control startup
The university plans to reinvest returns from the donor-fuelled fund into “future innovations.” The University of Alberta has launched a new donor-backed innovation fund…
Federal government commits $2.7 million to new education project through Women Entrepreneurship Strategy Ecosystem Fund
FAIR.E, launched this week, will provide entrepreneurship education programs to 1,800 women in six provinces. The federal government kicked off Small Business Week 2023…
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…
Cycle Momentum receives $22.25 million in provincial backing, launches matching cleantech funding program
Origo will offer Québec-based pre-seed and seed-stage startups with $150,000 CAD in funding. Montréal-based impact accelerator Cycle Momentum has secured $22.25 million in funding…
Quantum Industry Canada appoints Lisa Lambert as first-ever CEO following fed investment
Quantum Industry Canada received $1.4 million as part of Canada’s National Quantum Strategy in January. Quantum Industry Canada (QIC), a non-profit group advocating for…
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…
Alberta Innovates opens applications to $8 million program for AI integrations into provincial health system
Projects eligible for up to $800,000 over three years. Alberta Innovates has launched the enabling better health through artificial intelligence (AI-Better Health) program to…
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…
Canadian FinTech companies launch open banking public action campaign as delays continue
Wealthsimple, EQ Bank, Xero Canada, Borrowell, Fintechs Canada, and others are taking matters into their own hands. A group of Canada’s largest FinTech companies…