Canadian platforms shouldn’t offer sports or entertainment prediction market bets, regulators say

Canadian platforms shouldn’t offer sports or entertainment prediction market bets, regulators say

Regulated prediction markets in Canada shouldn’t be able to offer sports or entertainment contracts as securities, according to a statement issued by the nation’s securities regulators.  The news: The Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) published a joint notice on Thursday saying that contracts relating to sports and entertainment events…

Read Full News
Canada poaches 64 global scholars in bid to bolster domestic talent pipeline

Canada poaches 64 global scholars in bid to bolster domestic talent pipeline

Canada has convinced 64 international academics, mostly from the United States, to bring their work to Canadian universities through its new talent-attraction program.  The news: Industry minister Mélanie Joly announced the first round of academics coming to Canada as part of the $1.7-billion Global Impact+ Research Talent Initiative on Thursday. The program will give these…

Read Full News
MDA Space launches venture program to back Canadian space and defence tech startups

MDA Space launches venture program to back Canadian space and defence tech startups

Brampton-based MDA Space wants to help other Canadian space and defence technology companies scale their solutions with a new venture funding program. The news: The new strategic program is focused on identifying and investing in domestic small and medium-sized businesses (SMBs) that are developing promising space and defence technologies. Through MDA Space LaunchPad Ventures, the…

Read Full News