University of Alberta targets $50 million with new innovation fund, announces first investment in AI system control startup
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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…

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Alberta Innovates opens applications to $8 million program for AI integrations into provincial health system
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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…

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Wealthsimple to join Interac e-transfer system under expanded access guidelines
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Wealthsimple to join Interac e-transfer system under expanded access guidelines

Wealthsimple becomes first securities dealer to join Interac’s service, but yearns for RTR payment system. Toronto-based FinTech startup Wealthsimple announced it secured provisional approval…

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GrowerIQ closes $3 million seed round to help cannabis producers stay compliant
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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,…

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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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Signal 1 launches AI platform at Grand River Hospital as startup aims to create more capacity in Canada’s healthcare system
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Signal 1 launches AI platform at Grand River Hospital as startup aims to create more capacity in Canada’s healthcare system

“What the health care system needs right now is real innovation and novel solutions.” Tomi Poutanen has co-founded some of Canada’s most notable artificial…

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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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Payments Canada delays Real-Time Rail payment system launch (again)

PayTechs of Canada executive director calls process “disappointing” and “absurd.” Payments Canada has delayed the launch of the forthcoming Real-Time Rail (RTR) payment system,…

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Shopify
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Shopify rolls out new employee compensation system to recruit, retain talent amid stock slump

Flex Comp took effect September 1, following a delay Shopify attributed to regulatory considerations. Shopify has finally introduced its new compensation system, Flex Comp,…

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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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Payments Canada announces global firm Tata Consultancy Services will lead the integration of the Real-Time Rail system

Real-Time Rail system is meant to modernize Canada’s payments infrastructure when completed. Payments Canada continues to move ahead with its Real-Time Rail (RTR) system,…

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