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Remote workers need more protection from mass layoffs, according to newly proposed updates to employment laws from the Ontario government. → Read More
The DMZ and the CVCA have each handed out awards to women and women-led startups this week for their contributions in the technology and private capital industries. → Read More
Cohere is among the first four companies to receive funding from Salesforce as part of the latter’s broader generative AI strategy. → Read More
The federal and provincial privacy commissioners in Canada are investigating TikTok’s user data practices. → Read More
At this stage, Shopify said that its partners will be able to earn more rewards, gain new skills, and experience more ways to engage with Shopify. → Read More
Canada is losing another independent internet service provider as Montréal-based Oxio has sold its telecommunications operations to Cogeco Connexion. → Read More
The TSX Venture Exchange has unveiled its annual ranking of 50 top performing companies on the exchange for 2023. → Read More
Finance Canada has published the proposed regulations for the Retail Payment Activities Act meant to introduce a supervisory framework for payment service providers. → Read More
BBTV closed this financing as it looks to “support its path to profitability,” with the intention of using this recent loan to pay off its overdraft facility. → Read More
Montréal startup Prevu3D, which provides 3D scanning technologies, has announced the closing of a $13.3 million CAD Series A round. → Read More
Descartes Systems Group has acquired GroundCloud, an American company that provides solutions for final-mile logistics, for approximately $184 million CAD. → Read More
Peggy, an social online marketplace for contemporary art, has launched its platform and unveiled $10.8 million CAD in funding. → Read More
RBC said that acquiring Ojo Canada is part of the institution’s goal to streamline the home buying journey for Canadians. → Read More
Conquest Planning, which uses artificial intelligence to provide wealth management solutions, has raised $24 million CAD in Series A funding. → Read More
Shopify has made an investment into Triple Whale’s Series B round as it continues to fund companies that support the Shopify merchant system. → Read More
Mark McQueen has gone public with plans to step away from his role as president and executive managing director of CIBC Innovation Banking. → Read More
AppDirect has acquired Telecom Brokerage Inc. as the former looks to scale its offerings for technology advisors. → Read More
OpenText has closed its acquisition of British SaaS company Micro Focus for $5.8 million USD, which has led to layoffs. → Read More
Vector’s new partnership with Communitech is meant to bolster Canada’s AI expertise and application as the country grapples with a limited tech talent pool. → Read More
Toronto-based health data company Smile CDR has raised approximately $30 million in Series B funding. → Read More