The Business Development Bank of Canada’s (BDC) top economist says 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.

PowerBank Corporation (PBK-Q), a Toronto-based solar and energy storage developer, is focusing its efforts on artificial intelligence (AI) infrastructure and modular data centres as demand for computing infrastructure continues to rise.

Canadian banking giant RBC has an ambitious plan to grow its AI research institute hub, Vancouver Borealis AI hub, the company announced recently. The bank said it has a goal to achieve $700 million to $1 billion in enterprise value generated from AI-driven benefits by 2027.

Software is expected to have an increased role in robotics during the next three to five years, 85 per cent of engineers and software developers surveyed by QNX said, indicative of its growing presence in the field.

In order to address some investing gaps, an organization of angel investors is joining a similar national organization. The AIO will join the Canadian Startup Capital Association (CSCA) as a member, it announced in a press release.

TD Bank (TD-T) has released its first agentic artificial intelligence (AI) model, geared toward streamlining the application process for its lending services. The bank has a goal to generate $1 billion in annual value from AI.

Sylogist (SYZ-T), a SaaS (software as a service) company for nonprofits, governments and educational institutions, has tapped Joel Leetzow as its new chief executive officer. Leetzow brings more than 35 years of leadership experience with software and technology businesses.

For those firms wishing to deploy robots alongside humans in an industrial setting, safety is clearly a critical concern. One Canadian company, QNX, promises that its operating systems for robotic applications are secure enough to be trusted.

One of the world’s largest independent IT and business consulting services firms, CGI (GIB-A-T), has announced a new chief executive. Tim Hurlbaus will succeed the retiring François Boulanger.

AI-powered drone company, Vancouver-based ZenaTech, posted an astounding revenue growth of more than 500 per cent in its recent annual results. The company brought in $12.9 million for the 2025 year, which represented an increase of 558 per cent over 2024’s $2 million.

Tribe Property Technologies CEO Joseph Nakhla says his company took a significant step toward profitability with its latest financial results. The Vancouver-based building management software developer sees its AI-enhanced platform driving growth despite challenges in Canada’s housing real estate market.

In a bid to more competitively tap into an estimated $1 trillion annual market for AI services, Canada’s Cohere and Germany’s Aleph Alpha are merging.

BlackBerry Limited (BB-T) announced an expansion of its ongoing secure communications partnership with the Government of Canada, one that will see the continued use of its BlackBerry UEM and greater deployment of BlackBerry SecuSUITE to support government-grade encrypted communications.

The Business Development Bank of Canada (BDC) is launching a $150-million Life Sciences Venture Fund to support “the next generation of Canadian companies in the sector.”

Toronto-based 1Password’s newly launched Unified Access platform allows for the secure deployment of AI agents and automated workflows without companies losing control over credentials, identities and machines.

Toronto-based SWTCH Energy, an EV charging technology company, has launched SWTCH Tap, a one-tap smartphone authentication solution to overcome a persistent hurdle when it comes to EV charging.

RBC (RY-T) and HTS (Hopper Technology Solutions), a division of Hopper, Inc., have come together to overhaul RBC’s popular Avion Rewards travel offering, to provide RBC credit card holders and Avion card holders an improved and better travel booking experience.

Montreal-based ShareGate is continuing its international expansion with the announcement that it is deepening its partnership with the U.K.-based QBS Technology Group to offer Microsoft 365 migration services in the Middle East.

In the rush to implement AI, security and governance around its use is sometimes lagging. That was one finding in Managing Risks and Optimizing the Value of AI, GenAI & Agentic AI, a study by OpenText (OTEX-T) and the Ponemon Institute.

Real estate advisor Avison Young is deepening its ties with CGI (GIB-A-T) selecting the Canadian IT and business consulting firm to deliver AI-powered managed services to modernize its global operations.

Montreal-based Lightspeed Commerce Inc., a cloud-based POS and e-commerce software provider, has rolled out two product updates improving workflow automation in Canada's hospitality and retail industry.

Toronto-based fintech Chexy announced it secured $14 million in Series A financing, allowing the firm to further transform how Canadians pay recurring and large expenses, and earn rewards while doing so.

Toronto-based BKR Capital, a Black-led venture capital firm focused on early-stage technology companies, has announced its $50-million Black Innovation Fund II is now seeking potential investments.

Toronto-based Leopard AI, an AI-native platform for venture capital intelligence, announced it is building a trust and credibility infrastructure for early-stage startup investment. 

A newly-announced partnership between the American Fintech Council (AFC) and the Canadian Lenders Association (CLA) looks to improve cross-border collaboration and market access in North America for the rapidly growing fintech sector.