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Award-winning coverage of Canadian startups and tech innovation since 2012.
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Breaking: award-winning journalist Sarah Rieger (@sarahcrgr.bsky.social) joins as managing editor to lead the newsroom and grow @BetaKit.com’s nationwide tech coverage.

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Stablecorp’s QCAD cryptocurrency is now complaint after the company spent nearly 6 years building out the necessary rails required to support the CAD-denominated #stablecoin.
Stablecorp claims to have first regulator-approved stablecoin tied to Canadian dollar | BetaKit
Toronto firm approved under existing stablecoin framework, but “will be ready” for new federal strategy.
betakit.com
November 26, 2025 at 9:30 PM
The Intelligent Search Company is honing #AI software to be the sports analyst that never sleeps. By distilling video, analytics, and context in real time, the startup hopes to give teams a competitive edge.
TISC is fine-tuning AI for split-second decisions, starting on the basketball court | BetaKit
Canadian co-founded startup plans to tap machine learning talent in Canada and the US.
betakit.com
November 26, 2025 at 7:45 PM
Ottawa calls Nokia’s Ottawa expansion “sovereign AI.” Critics like Shopify's Tobi Lutke call it a “toxic” foreign subsidy. Either way, government has pledged $72M towards the Finnish multinational’s $340-million project.
Nokia’s Ottawa expansion tests Canada’s definition of “sovereign AI” | BetaKit
Government calls $340-million project “gold standard” while critics say it’s a “toxic” foreign subsidy.
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November 26, 2025 at 6:38 PM
ICYMI: @Shopify says a recent round of layoffs was aimed at stripping out “layers that created complexity without additional merchant value.”

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Shopify says recent layoffs “removed layers that created complexity” | BetaKit
Managerial job cuts come after firings related to sales fraud at e-commerce firm.
betakit.com
November 26, 2025 at 6:00 PM
From a $75M valuation to defaulting on a $3M loan, receivership, and an asset sale. What happened to Dozr?
How Dozr, a promising construction tech firm, went from building boom to receivership to asset sale | BetaKit
The heavy equipment marketplace is in new Canadian hands, but its future remains unclear.
betakit.com
November 26, 2025 at 5:15 PM
"The dogs bark and the caravan moves on."

At SAAS NORTH, Evan Solomon praised Canada's entrepreneurs, and gave them a message to not take critics too seriously. On the BetaKit Keynote Stage with C100's Michael Buhr, Solomon talked #AI and the government's role in the #Innovation economy.
November 26, 2025 at 4:16 PM
📈 Despite headlines around #DEI pullbacks, a new report from BDC Capital shows Canadian funds are hiring more women and visible minorities into senior roles. The report shows that equity remains not just a priority, but a profit driver.
Amid global DEI backlash, Canadian VC sees more women and visible minorities in leadership roles | BetaKit
BDC report show DEI initiatives remained important in Canada in 2024, but climate pledges lagged.
betakit.com
November 26, 2025 at 3:00 PM
Shopify says a recent round of layoffs was aimed at stripping out “layers that created complexity without additional merchant value.”
Shopify says recent layoffs “removed layers that created complexity” | BetaKit
Managerial job cuts come after firings related to sales fraud at e-commerce firm.
betakit.com
November 25, 2025 at 10:27 PM
ICYMI: Faire claims it has the metrics of a public company. But co-founder Marcelo Cortes says it won't IPO until the market’s right. It just launched a Canadian version of its wholesale advertising product and started an employee share sale at a $5.2B USD valuation

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Faire co-founder: company has the metrics to go public, but isn’t rushing to IPO | BetaKit
Online marketplace brings advertising tool to Canada as it conducts employee share sale at $5.2-billion USD valuation.
betakit.com
November 25, 2025 at 5:00 PM
#CDNTech startup Toothpod is trying to reimagine dental care with a chewable tablet that can clean teeth without needing any water. Co-founder and @utoronto.ca alumna Vishar Yaghoubian claims the tablet kills bacteria connected to tooth decay and bad breath.
Floss, brush, chew? Toothpod launches a chewable tablet for dental hygiene | BetaKit
University of Toronto founder wants her product to be an essential part of the dental routine.
betakit.com
November 25, 2025 at 3:00 PM
Furble has launched in Canada with what it calls an "accessible and affordable" online pet prescription service. Most Canadian pet owners who skip vet visits do it because of cost. Furble hopes online pricing and at-home delivery can lower their costs.
Canadian founders launch Furble to make pet prescriptions more accessible | BetaKit
Online marketplace lets pet parents fill prescriptions and get them delivered to their door.
betakit.com
November 25, 2025 at 2:09 PM
💡 The BetaKit Quiz this week features Dancing Russian Robots and the rebirth of Zork. Plus:

❓What cause the Cloudflare outage?
❓BMO changes its core values
❓Roblox's #AI-powered age gates

Take the quiz now 👇

betakit.com/cloudflare-o...
The great Cloudflare outage, Russian robots, and the rebirth of Zork
Test your knowledge of Canadian tech news with The BetaKit Quiz for November 21, 2025.
betakit.com
November 24, 2025 at 9:30 PM
On The BetaKit Podcast Colare’s Nain Abdi explains why it’s "Valley or Bust" for Canada’s young entrepreneurs.

🎙️ He how quickly the Valley embraced him with how he felt treated back in Canada. He also shares why he's still in SF, and what (if anything) could draw him back to Canada.
It’s ‘Valley or Bust’ for Canada’s young entrepreneurs | BetaKit
A chance pitch competition connection took Colare co-founder Nain Abdi from Waterloo to Silicon Valley. He explains what pulled his company south.
betakit.com
November 24, 2025 at 5:01 PM
Check out The BetaKit Newsletter for insight on BDC's ongoing reset and Questrade's first product showcase. Plus:

☁️ The economic promise of a Canadian sovereign cloud?
📱 The feds might outlaw screen-scraping
🪙 @manzilinc launches halal ETF on the Nasdaq
Inside Ottawa’s cautious experiment with an AI-powered digital help desk
A chatbot built by one person on a Friday afternoon, with no guarantee it’ll get off the ground. Has a government project ever sounded so much like a startup?
betakit.com
November 24, 2025 at 4:15 PM
"We don’t have a federal leader with a mandate to coordinate and champion blockchain technology.” Crypto leaders like Coinbase's Lucas Matheson argue Canada’s new AI minister should also lead on blockchain tech.
Crypto advocates want blockchain tech added to Canadian AI minister’s portfolio | BetaKit
The Canadian government's new Stablecoin Act responds to some of the industry's demands.
betakit.com
November 24, 2025 at 3:36 PM
Toronto's Faire says it has the metrics of a public company. But its co-founder says it won't IPO until the market’s right. It just launched a CAN version of its wholesale advertising product and started an employee share sale at a $5.2 billion USD valuation.
Faire co-founder: company has the metrics to go public, but isn’t rushing to IPO | BetaKit
Online marketplace brings advertising tool to Canada as it conducts employee share sale at $5.2-billion USD valuation.
betakit.com
November 24, 2025 at 2:41 PM
faces a potential class-action lawsuit in British Columbia in the wake of a privacy watchdog investigation that revealed it was storing and collecting data on children, even after they deleted their profiles.
TikTok may face class-action lawsuit in Canada over alleged misuse of personal data | BetaKit
Proposed suit follows privacy watchdog investigation that found TikTok collected info from children.
betakit.com
November 21, 2025 at 9:00 PM
This week's BetaKit Quiz features a Property Brother, privacy risks, and a costly permissions change. Plus:

🖵 Possible ban on screen-scraping
🤖 A dancing Russian robot
📬 Zork goes open source

Take the quiz now 👇🏿

betakit.com/cloudflare-o...
The great Cloudflare outage, Russian robots, and the rebirth of Zork
Test your knowledge of Canadian tech news with The BetaKit Quiz for November 21, 2025.
betakit.com
November 21, 2025 at 8:00 PM
Maritime Launch Services has launched its first commercial rocket from Spaceport Nova Scotia. The launch missed the altitude mark to officially enter space, but still brings Canada a step closer to sovereign launch capabilities.
Maritime Launch conducts Nova Scotia’s first commercial rocket launch | BetaKit
The rocket missed its altitude goal, but brought Canada’s sovereign launch efforts closer to fruition.
betakit.com
November 21, 2025 at 6:52 PM
A high-level Swedish delegation visited Montréal’s Mila this week to deepen #AI research ties. Attendees included Mila's Hugo Larochelle, Québec’s economy minister Christine Fréchette, Cohere chief AI officer Joelle Pineau, and AI safety organization LawZero CEO Sam Ramadori.
Sweden brings urgency—and royalty—to Montreal as it seeks AI research partnership | BetaKit
Swedish deputy PM says countries must be “risk aware, not risk averse” as royal delegation visits Mila.
betakit.com
November 21, 2025 at 5:53 PM
BetaKit editor-in-chief @trondizzle.bsky.social joined @jessebrown.bsky.social on @canadaland.com this week to break down the relationship between the federal government and its newly crowned #AI champion Cohere. (Plus, give an impassioned defence of CanCon).

Listen here:
#1267 Cohere and Carney, an A.I. Meets Government Love Story
Is Canada’s A.I. champion eating the news?
www.canadaland.com
November 21, 2025 at 4:08 PM
Inovia Capital is ramping up its global footprint with a new Abu Dhabi office led by Claire Glossop Irani.

With over US$2.5 B under management, the firm says is an “opportune moment” to strengthen ties between Canadian and Gulf-region tech ecosystems.
Inovia Capital opens Abu Dhabi office as Canada strengthens ties with UAE | BetaKit
Montréal VC firm looks to forge commercial and financial partnerships for its portfolio companies in the region.
betakit.com
November 21, 2025 at 2:11 PM
The Canadian gov't gets up to 4,000 complaints a day about its websites. It's testing an #AI chatbot to make navigating 10 million government webpages easier.

How to ensure that AI is responsible? Experts at the Ottawa Responsible AI Summit had thoughts
The feds get 4,000 website complaints a day. Can a “responsible” AI chatbot untangle the mess? | BetaKit
At the Ottawa Responsible AI Summit, experts debated security, equity, and who gets a seat at the table.
betakit.com
November 20, 2025 at 7:56 PM
Five of Clado's team members went to high school 20 minutes away from each other in Toronto. Now, the gang is back together as the @ycombinator.com.web.brid.gy alum raises $2 million for its mass-recruitment #AI platform.
Team of Toronto talent unites after Y Combinator to build Clado | BetaKit
Clado has raised $2 million USD for its mass-recruitment AI platform.
betakit.com
November 20, 2025 at 5:41 PM
The Upside Foundation is handing operations over to the @sickkidsvs.bsky.social’s Charitable Giving Fund.

The Foundation allows #CDNTech founders to pledge 1% equity in their startup to charity. Since 2012, it's overseen 21 exits that gave nearly $4 million to 23 Canadian charities.
SickKids charity fund takes over management of Upside Foundation | BetaKit
Canadian tech charitable giving will continue under new umbrella.
betakit.com
November 20, 2025 at 2:19 PM