Canada’s latest tech hub officially opened in the smallest province last night with more than $1.5 million in federal and provincial funding. Located on Great George Street in downtown Charlottetown, PEI, The Foundry is operated by the PEI IT Alliance, an industry association formed in 2022 to represent and develop the province’s information technology sector….
The Canadian government has announced $8.1-million in financial support to power Sherbrooke, Que.’s quantum sector across one startup and three innovation partners. The financial support is being funnelled through the Canadian Economic Development for Quebec Regions (CED) to help domestic startups and non-profit organizations develop quantum technology and bring it to market. Nord Quantique is…
What happens when Canadian tech minds receive an assignment to solve problems for teachers? A snowstorm may have dumped over 25 cm of snow on Toronto last week, but it didn’t stop more than 250 people from making their way to Koru’s fifth anniversary and hackathon, which was focused on solving challenges identified by some…
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The federal government has revealed 12 more non-profit organizations selected to receive a total of $2.8 million through Canada’s 2SLGBTQI+ Entrepreneurship Program Ecosystem Fund. The $8-million ecosystem fund is part of a $25-million federal program that was first revealed in June 2023 with the aim of offering dedicated support to Canadian entrepreneurs who identify as…
Ottawa-based Hyperlume has raised $12.5 million USD ($17.8 million CAD) in seed funding to commercialize its data-centre interconnection technology. The round was led by BDC’s Deep Tech Venture Fund and ArcTern Ventures, with participation from MUUS Climate Partners, SOSV, and Intel Capital, the investment arm of American semiconductor giant Intel, with a strategic investment from…
Musk blew up at the Danish astronaut, calling him a derogatory slur after the former ISS commander said his claims were false. Tech, Trending, World, andreas mogensen, Astronaut, Elon Musk : Tech Musk blew up at the Danish astronaut, calling him a derogatory slur after the former ISS commander said his claims were false.
Trump’s order directs his administration to consider responsive actions like tariffs to ‘combat’ digital service taxes imposed on U.S. tech companies by foreign countries. Canada, Tech, U.S. News, digital services tax, donald trump tariffs : Tech Trump’s order directs his administration to consider responsive actions like tariffs to ‘combat’ digital service taxes imposed on U.S. tech companies…
Black entrepreneurs say they have lost a “lifeline” after Shopify abruptly cut off their access to a support program as part of the company’s dismantling of its Equitable Commerce team. In mid-January, Shopify quietly shuttered Build Native, an Equitable Commerce support program for Indigenous entrepreneurs. The removal of the program from Shopify’s website, alongside the…
Canada’s impending trade war with the United States hasn’t come up much on The BetaKit Podcast. Intentionally so, as I consider the podcast my last vestige of mental stability. But like chocolate and peanut butter, some flavours are destined to mix, and there’s so much to discuss that we can’t not discuss it. So this…