The Toronto-based e-publisher Wattpad has chosen to open its second headquarters in Halifax rather than Calgary, due to concerns about Western separatism and the elimination of Alberta tax credits supporting companies in the innovation economy. Five business tax credit programs were cut, including the Investor Tax Credit introduced by the previous NDP government, which provided a 30%…
Topic: Cybersecurity
The Short Report, November 6, 2019: Quantum lapse, Waterloo unicorn, social transformation
The Ford government in Ontario has let funding lapse for the University of Waterloo’s Institute for Quantum Computing. Founded in 2002 with a record-setting philanthropic donation and support from both the federal and provincial governments, the institute has attracted top talent and is often cited for its leading research. While the federal government recently promised reinvestment of…
Businesses, innovators aim to make Canada a global leader in Internet of Things
Ottawa is a growing international centre for companies providing Internet of Things (IoT) devices and related software. Alberta wants to become the next major tech centre focused on IoT. Here’s how Canadian businesses and innovators are ramping up efforts to make Canada a world leader in IoT technologies and services.
The Short Report, June 19, 2019 – Research chairs, cybersecurity, Strategic Innovation Fund
Science and Sports minister Kirsty Duncan has announced over $275 million for 346 new and renewed Canada Research Chairs at 52 institutions across Canada. It was the most gender diverse competition yet: 47% women, 22% visible minorities, 5% persons with disabilities, and 4% Indigenous peoples. The Canada Foundation for Innovation is contributing another $5.2 million…
The Short Report, June 12, 2019 – artificial intelligence, tech demos, cybersecurity
artificial intelligence, tech demos, cybersecurity
Cisco invests $15M to expand operations in Western Canada
Cisco invests $15 million to expand its digital technology operations and enhance workforce education in Western Canada.
Centennial College opens applied research facility in Scarborough
Centennial College students are using a newly opened applied research facility to work on industry-led projects in aerospace, health technologies and cybersecurity.
Report: Demand for much-needed cybersecurity talent requires creative strategies
Canada will need creative and innovative ways to build up talent for cybersecurity if we want to take advantage of opportunities and protect ourselves from the threats of new technologies, according to a recent report by Deloitte Canada on the state of cybersecurity talent.
OCE supports six regional sites for C/AV
Six regional technology development sites (RTDSs) across Ontario will receive financial support from the Ontario government as part of the Autonomous Vehicle Innovation Network (AVIN) project, which seeks to position the province as a leader in transformative automotive technologies, transportation systems and related supporting infrastructure. Earlier this month, the Ontario Centres of Excellence (OCE), which…
Alberta corporation to invest in VC to seed startups
Alberta Enterprise Corporation, the provincial government’s independent fund of funds manager, has invested $5 million in Panache Ventures’ new Canadian seed fund. This investment comes after Panache Ventures recently closed up to $25 million in deals, and the company is keen to support more seed-stage startups across Canada. Panache Ventures is led by former startup…