Canada stories - Page 2

Loon will develop a Canadian-dollar stablecoin to offer a domestic alternative to US-dollar stablecoins dominating Canada’s digital market.

A study reveals 79% of Canadian office workers use AI tools, outpacing employers in governance and raising data security concerns in workplaces.

Mark Lane has launched Canada’s first FX platform letting entrepreneurial currency professionals run their own client portfolios with flexible hours and higher commissions.

Over 84% of Canadian firms explore AI, driven mainly by employees, with 71% investing in privacy to support secure, responsible digital transformation.

Nelson launches AI literacy tools in November to boost knowledge and responsible use among Canadian educators and students amidst low national AI awareness.

While 94% of Canadian firms feel confident about recovering from ransomware, only 25% have fully restored their data after attacks, reveals OpenText survey.

Survey finds Gen Z in Canada and the US views education as AI's biggest opportunity, favouring personalised tutoring and adaptive learning systems.

MaRS relaunches its Capital Programme to connect global investors with top Canadian tech startups, boosting early-stage funding and market access.

Canada's merger and acquisition activity rises 6.6%, reaching 'Sprout' status, as US M&A slows amid cautious investor sentiment and trade tensions impact cross-border deals.

Nearly half of Canadian SMEs use AI, but skill shortages and costs stall productivity gains, risking a two-speed digital economy, Sage research reveals.

Agentiiv and partners launch CAD $5 million You.Scaled Accelerator to help Canadian SMEs and not-for-profits adopt AI with grants and training support.

Kingston has opened the RXN HUB, a CAD $3M green chemistry centre aimed at accelerating sustainable technology from research to commercial scale.

Canadian businesses face rising cyber threats and AI skills shortages amid challenges from legacy technology, hindering their digital transformation efforts.

Nearly half of Canadian holiday shoppers plan to use AI tools for gift research, marking the first AI-powered festive season in Canada, says Google Canada.

Canada unveils its first National Anti-Fraud Strategy and a Financial Crimes Agency to tackle rising fraud losses, which hit CAD $643 million in 2024.

Lyft will open new tech hub in the financial district, its second North American centre, to drive innovation and expand in the growing Canadian market.

WestJet and TELUS have merged their loyalty programmes, letting members earn and redeem points across both travel and tech services for added perks.

Ben Thompson, CEO of Employment Hero, wins EY Entrepreneur Of The Year Australia award for driving tech innovation and supporting global small businesses.

BDC and Community Futures have launched a $100m fund to boost financing and advisory support for rural businesses across Canada.

Kalina Distributed Power has sold allocated megawatts in Alberta for CAD $18 million to a customer developing a major gas-fired power and data centre complex.