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Will AI destroy Canadian jobs? BDC’s top economist predicts more hiring
AI boom will lead to more hiring: BDC’s top economist
The Business Development Bank of Canada’s (BDC) top economist says artificial intelligence (AI) adoption by small and medium-sized businesses will ultimately spur more human hiring. The assurance comes days after Canada’s federal government released a new national AI strategy.
CEO bets Kinaxis is a SaaS-pocalypse winner
Some cloud software companies are weathering the so-called “SaaS-pocalypse” better than others. Kinaxis chief executive Razat Gaurav believes his is one of them. The Ottawa-based supply chain management software vendor is one of Canada’s 10 most valuable publicly traded tech companies.
Mecka AI announces $60M to power physical AI
Mecka AI, which aims to train robots with human data sourced from body sensors and iPhones, has raised US$60 million in funding. The Toronto and NYC-based startup wants to build “the data and deployment layer” for physical AI.
Vancouver's Clio opens U.S. headquarters In New York
Clio has opened a headquarters in New York, marking a new chapter in the Vancouver-born legal technology company’s U.S. expansion. The new office will be a home for a growing marketing, product, engineering, sales and customer success team.
Thoma Bravo offers Kneat.com $650M in takeover
Kneat.com is joining a long list of Toronto Stock Exchange-listed software companies that have exited the public markets. The Toronto-based company provides software used by pharmaceutical companies to track and validate their data for quality control and regulatory purposes.
A building with Canada’s most powerful supercomputers
Somewhere in the Greater Toronto Area, nestled in a nondescript building, is one of Canada’s most powerful supercomputers. Its presence is not advertised due to security concerns, and because it houses $200 million worth of chips and hardware.
BDC extends Isabelle Hudon’s mandate as CEO to 2030
Isabelle Hudon will remain CEO of the Business Development Bank of Canada until at least 2030. BDC has grown its client count by nearly 50 per cent and delivered $1.4 billion in dividends to the Government of Canada.
Soft Rains made one of 2025’s most original games
Of the many indie games that were released last year, Ambrosia Sky: Act One was one of the most refreshingly unique. The debut title from Toronto-based independent studio Soft Rains was released in November to a strong positive reception.
OpenAI files confidentially for IPO, following Anthropic
ChatGPT-maker OpenAI has filed confidentially for an initial public offering. The filing comes a little more than a week after its main rival, Anthropic, also filed to go public. OpenAI was last valued at US$852 billion.
Apple unveils an upgraded Siri voice assistant
Apple (AAPL-Q) unveiled new AI advances including upgrades to its Siri assistant, now Siri AI, emphasizing a focus on privacy and day-to-day use as the iPhone maker tries to catch up to rivals.
Apple downplays concerns about use of Google AI Models
Apple, which just unveiled a revamped AI platform built in part with Google (GOOG-Q) technology, said the approach will preserve the company’s privacy safeguards. The Google AI models are different than the ones that Apple uses, its CTO said.
Ottawa planning social media ban for users under 16
Ottawa is preparing to propose a ban on social media for children under 16 as part of a comprehensive digital safety bill, according to a sources. Platforms that meet a standard may be permitted to allow teenagers back as users.
Industry Events
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Startupfest
Jul 08 2026
to Jul 10 2026
Montreal -
ALL IN 2026
Sep 16 2026
to Sep 17 2026
Palais des Congrès, Montreal -
Global Data Centre & Cloud Expo Canada
Oct 20 2026
to Oct 21 2026
The International Centre, Mississauga -
Cyber Summit 2026
Nov 03 2026
to Nov 05 2026
Banff, AB -
Web Summit Vancouver
May 25 2027
to May 28 2027
Vancouver Convention Centre
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