Tax credits are becoming central to how Canadian tech companies fund research and development. “We’re still seeing significant untapped potential in fast-growing innovation markets like the US and Canada, where many companies have yet to fully capitalize on government incentives.” Imad Jebara, Boast That’s according to new data from software firm Boast, which reveals it…
As of May 1, you won’t be able to go to Ottawa’s Capital Exhibition Centre, also known as the EY Centre, anymore. Instead, you’ll have to catch your conferences at the Cohere Centre, after the venue announced a rebrand in partnership with the leading Canadian AI company. The newly christened Cohere Centre is the largest…
A Montréal-based carbon removal company with a significant footprint in Alberta announced today a strategic partnership with French energy multinational ENGIE. Deep Sky develops large-scale, direct-air carbon removal and storage projects, including its first flagship facility, Deep Sky Alpha, in Innisfail, Alta., just south of Red Deer, which was backed by funding from Bill Gates’…
Nearly 20 percent of Canadian AI developers believe they have never encountered a single safety consideration for LGBTQ+ people in their work. Some even seem hostile to the suggestion that tech might not be inclusive. “If AI is built around narrow teams and narrow use cases, [by] people with narrow experiences, they will give narrow…
Alberta announced on Wednesday that it is putting $91 million into Emissions Reduction Alberta’s (ERA) Industrial Transformation Challenge. Almost half of that, $41 million, will go to nine challenge participants deploying cost-saving technology in the energy, electricity, construction, and manufacturing sectors. The $91 million will be funded through the industry-led Technology, Innovation, and Emissions Reduction…
While much of Edmonton was preparing to watch the Oilers fight to keep their NHL playoff dreams alive last night, four of the city’s preeminent tech leaders were discussing how collaboration has helped them solve problems, build their business, and earn trust in a challenging industry. “We wouldn’t be able to provide the value we…
Montréal-based Lightspeed Commerce is selling off one of its business units for much less than it paid for it. The e-commerce and point-of-sales firm announced on Wednesday morning that it is divesting its US hospitality product line, Upserve, to private equity firm Skyview Equity for up to $81 million USD ($111 million CAD) in cash….
Kepler Communications co-founder and CEO Mina Mitry was trying to launch Canada into space before it was cool. When he started the satellite communications company a decade ago, Mitry said people thought there was no way someone could build a Canadian company focused on space. Now? It’s all the rage. Next month, Mitry will take…
Toronto-based FinTech firm Koho Financial wants to lower the entry barrier for trading digital assets with the launch of its new crypto offering. Thanks to a new partnership with regulated crypto exchange Ndax, Koho users can now buy, hold, sell, and manage cryptocurrency in the money management app. Ndax will power the trading infrastructure and…
BY THE OPTIMIST DAILY EDITORIAL TEAM In most countries, the legal age to buy cigarettes is fixed. In the UK, it will now move every year. The Tobacco and Vapes Bill cleared Parliament last week, creating what officials are calling a smoke-free generation by making it permanently illegal to sell tobacco to anyone born after…
