Federal government commits $2.7 million to new education project through Women Entrepreneurship Strategy Ecosystem Fund
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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…

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General Fusion
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General Fusion raises $33.5 million CAD as it renews focus on Canadian project

General Fusion delays demonstration plant construction in UK for machine development in Canada. Vancouver fusion energy company General Fusion has raised $33.5 million…

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Lightspeed payments
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Canadian tech unicorns Ada, Clio, Lightspeed among first cohort of Canada’s Global Hypergrowth Project

Canada aims to take companies from $1-billion ‘unicorn’ valuation to $1-billion in annual revenue. Canadian tech unicorns Ada, Clio, and Lightspeed are among the…

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Payments Canada announces global firm Tata Consultancy Services will lead the integration of the Real-Time Rail system
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Rollout of Canada’s Real-Time Rail payment system delayed again as project undergoes second review this year

Payments Canada cites “current delivery delays, unrelated to the exchange technology components.” Payments Canada has announced that the launch of the country’s forthcoming Real-Time…

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Mercator AI
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Mercator AI raises $5.1 million CAD as it develops early project detection tool for construction

Mercator helps business developers find leads in construction projects faster using AI. Calgary-based proptech startup Mercator AI has raised $5.1 million CAD ($3.75 million…

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Sollum secures $2.5 million from SDTC to jumpstart $14 million “Sun-as-a-Service” project
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Sollum secures $2.5 million from SDTC to jumpstart $14 million “Sun-as-a-Service” project

Sollum’s LED grow light solution is designed to recreate the sun’s natural light. Montréal-based Sollum has secured a $2.5 million grant from Sustainable Development…

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EV charging
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Ontario utility agencies back BluWave-ai project to manage increased EV power grid use

BluWave-ai and Hydro Ottawa are collaborating with two Ontario provincial government agencies in a project that will use artificial intelligence (AI) to manage electric…

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