Tag: Innovation
Conference Board of Canada, MaRS launch new innovation group as growth in Canadian ecosystem lags
Despite new federal programs, Canada’s innovation sector hasn’t picked up pace. The Conference Board of Canada (CBoC) has established a new organization meant to…
Bell to acquire Montréal cloud services provider FX Innovation
Bell posted an 88 percent decline in free cash flow since the first quarter of 2022. Canadian telecommunications company Bell has entered a deal…
University of Toronto, Université de Montréal get combined $325 million as part of $1.4 billion federal investment into university innovation
Other projects focus on sustainability, health, and migrants. The University of Toronto and Université de Montréal have received a combined $325 million from the…
Canada, France to collaborate on AI, quantum science as part of new joint committee on innovation
Both countries recently launched investigations into ChatGPT over alleged privacy breaches. The Governments of Canada and France have created a joint committee meant to…
Yung Wu to depart as MaRS CEO at end of 2023 as innovation hub begins search for next leader
Wu will remain at organization’s helm during CEO transition. Yung Wu will be stepping down as CEO of MaRS Discovery District at the end…
Graphite Innovation & Technology secures $10 million to help reduce emissions from marine shipping vessels
The Halifax startup provides sustainable coating for marine transportation. Halifax-based Graphite Innovation & Technology (GIT), which provides sustainable coating for marine shipping vessels, has…
BetaKit’s most-read stories of March show #CDNtech sector struggles continue, government’s innovation promises continue to lag
SVB collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions. With spring officially here, BetaKit’s most-read stories for the month…
Federal #Budget2023 includes cleantech commitments, little else for innovation
Budget 2023 includes $500 million over 10 years to SIF for cleantech. The Government of Canada has published its 2023 budget, which is heavy…
Dan Breznitz unmuzzled: Canada Innovation Corporation architect explains how we got here
What the CIC is missing, who might make a good CEO, and why the Crown corp. comes with carrots and sticks. In September 2021,…
Yaletown Partners hits $200 million final close for Innovation Growth Fund II
Yaletown saw four exits in 2022, including Tasktop, Circle Cardiovascular Imaging. Vancouver-based venture capital firm Yaletown Partners has secured an additional $70 million CAD…