Organization: Creative Destruction Lab

Spawning start-ups for Canada’s blue economy

Canada is well positioned to thrive in the global “blue” economy of ocean-based activities. A new consortium is mounting the support and investment for Canadian start-ups that will build this economy.

TRIUMF business arm looking into broader industry collaborations

Can science and business fruitfully cohabitate? It’s possible. And it’s happening in a Vancouver university campus where physicists can be found hard at work on their cyclotron particle accelerator in one room while industry people are in another room testing for radiation particles. These are common-day activities in TRIUMF, one of Canada’s large-scale research facilities, which is home to hundreds of researchers from academia, other research institutes and industry from across Canada and around the world.

Bank of Canada teams up with CDL on new tech for financial services

The Bank of Canada will team up with the Creative Destruction Lab (CDL) to learn more about emerging technologies and their applications in financial services. In line with its 2019–2021 Medium-Term Plan, the Bank forged the partnership to keep abreast of developments in artificial intelligence, machine learning, crypto currencies and quantum computing. The partnership with…

RBC steps up investments in AI with new Montreal lab

Montreal has attracted two Canadian financial institutions to its emerging artificial intelligence (AI) cluster. The Royal Bank of Canada has announced more investments in AI research with a new AI lab to open in the city. It also announced a joint, $4-million investment with Bank of Montreal for the Creative Destruction Lab, also in Montreal.…