Real-Time Rail payments system to launch Monday, feds say

BetaKit - Thu, 11/05/2026 - 17:45

Canada’s 2026 budget outlines plans to launch the first phase of long-awaited system. 

The post Real-Time Rail payments system to launch Monday, feds say first appeared on BetaKit.

Categories: Technology news

Canada to implement QSBS-style tax incentive and ‘level playing field’ with US

BetaKit - Thu, 11/05/2026 - 16:59

Feds deliver on tech and VC tax ask with Canada Growth Incentive in Budget 2026.

The post Canada to implement QSBS-style tax incentive and ‘level playing field’ with US first appeared on BetaKit.

Categories: Technology news

Canadian astronaut Joshua Kutryk completes second spacewalk, more than six hours long

Technology news (CBC) - Thu, 11/05/2026 - 16:50

Canadian astronaut Joshua Kutryk is safely back inside the International Space Station after successfully completing his second spacewalk in two weeks.

Categories: Technology news

Canada’s drone ambitions put domestic manufacturers to the test

BetaKit - Thu, 11/05/2026 - 13:00

AVSS CEO Josh Ogden on the skills and design control needed to build a sovereign drone industry.

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CPPIB takes $50-million USD stake in AI holding firm Beacon Software

BetaKit - Thu, 11/05/2026 - 12:58

Funding helps lift two-year-old Toronto company’s Series C round to $425 million USD.

The post CPPIB takes $50-million USD stake in AI holding firm Beacon Software first appeared on BetaKit.

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New detection from Mars orbiter suggests that the planet may still be volcanically active

Technology news (CBC) - Thu, 11/05/2026 - 12:13

An orbiting atmospheric research spacecraft has detected the pungent gas hydrogen chloride above surface fissures along a massive ancient volcano on Mars in a finding that suggests Earth's planetary neighbor is still volcanically ‌active.

Categories: Technology news

Wealthsimple unveils AI assistant and major product expansion in latest showcase

BetaKit - Thu, 11/05/2026 - 12:10

The Toronto FinTech firm revealed a dozen new banking, investing, and AI products and features.

The post Wealthsimple unveils AI assistant and major product expansion in latest showcase first appeared on BetaKit.

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Lightspeed meets revenue expectations, but stock drops on Q2 earnings

BetaKit - Thu, 11/05/2026 - 11:31

Montréal retail tech company’s shares are down nearly 15 percent YTD.

The post Lightspeed meets revenue expectations, but stock drops on Q2 earnings first appeared on BetaKit.

Categories: Technology news

5N Plus: this analyst just hiked his price target

Can Tech - Thu, 11/05/2026 - 10:35
Ventum Capital Markets analyst Daniel Lavoie raised his target on 5N Plus (5N Plus Stock Quote, Chart, News, Analysts, Financials TSX:VNP) to $45.00 from $44.00 following stronger-than-expected third-quarter results, saying improving margins and growing demand from renewable energy, medical imaging and space applications support further earnings growth. Lavoie maintained his “Buy” rating on the Montreal-based […]

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What to make of the Organigram, Aurora Cannabis deal?

Can Tech - Thu, 11/05/2026 - 10:25
Organigram Global (Organigram Global Stock Quote, Chart, News, Analysts, Financials TSX:OGI) has agreed to acquire Aurora Cannabis for approximately $561-million in a cash-and-stock transaction that would expand its international medical cannabis operations and create opportunities for more than $50-million in cost savings. The Nov. 3 agreement values Aurora at $7.80 per share and follows the […]

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Is Thinkific (TSX:THNC) a buy right now?

Can Tech - Thu, 11/05/2026 - 10:09
Thinkific Labs’ (Thinkific Labs Stock Quote, Chart, News, Analysts, Financials TSX:THNC) third-quarter results suggest recent price increases and growth in larger enterprise customers could offset declining subscriptions among smaller users, supporting more stable revenue and stronger free cash flow. In his Nov. 4 report, ATB Cormark Capital Markets analyst Gavin Fairweather maintained his “Outperform” rating […]

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RBC lowers price target on Hammond Power Solutions

Can Tech - Thu, 11/05/2026 - 09:51
RBC Capital Markets analyst Nelson Ng lowered his target on Hammond Power Solutions (Hammond Power Solutions Stock Quote, Chart, News, Analysts, Financials TSX:HPS.A) to $320.00 from $350.00, citing weaker sector valuations and moderating growth expectations despite stronger-than-expected third-quarter results. On Nov. 2, Ng maintained his “Outperform” rating, saying demand from data centres and broader electrification […]

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Quarterhill: Buy, Sell or Hold?

Can Tech - Thu, 11/05/2026 - 09:01
Quarterhill’s (Quarterhill Stock Quote, Chart, News, Analysts, Financials TSX:QTRH) pending acquisition of Conduent Business Services’ tolling operations will be a key focus when the Toronto-based transportation technology company reports third-quarter results Nov. 10, according to Beacon Securities analyst Gabriel Leung. In his Nov. 3 report, Leung said investors will be looking for confirmation that the […]

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Is Premium Brands Holdings stock a buy right now?

Can Tech - Thu, 11/05/2026 - 07:55
Desjardins Securities analyst Chris Li maintained his “Buy” rating and $110.00 target on Premium Brands Holdings (Premium Brands Holdings Stock Quote, Chart, News, Analysts, Financials TSX:PBH), saying weak consumer spending could pressure near-term results but improving cash flow and a potential asset sale could support a recovery in the shares. Li said the company’s depressed […]

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What’s in Budget 2026 for Canadian tech?

BetaKit - Thu, 11/05/2026 - 06:00

BDC/EDC merger, new tax incentives standouts of entrepreneur-focused budget.

The post What’s in Budget 2026 for Canadian tech? first appeared on BetaKit.

Categories: Technology news

Will this year’s super El Niño push 2026 to be the warmest year on record?

Technology news (CBC) - Thu, 11/05/2026 - 04:00

While the most significant impact on the global temperature typically comes in the months after an El Niño peak — which hasn't happened yet — some climate models are suggesting 2026 could edge out 2024 as the warmest year on record. Could El Niño be influencing this year's global temperature?

Categories: Technology news

CoolIT, PurposeMed among companies honoured at Start Alberta Tech Awards

BetaKit - Wed, 11/04/2026 - 21:30

Companies behind high-profile exits were among 10 honourees recognized for impact on Alberta’s tech sector.

The post CoolIT, PurposeMed among companies honoured at Start Alberta Tech Awards first appeared on BetaKit.

Categories: Technology news

Former NASA chief economist named new head of Canadian Space Agency

Technology news (CBC) - Wed, 11/04/2026 - 20:38

Alexander MacDonald was named the new president of the Canadian Space Agency late Wednesday evening.

Categories: Technology news

Is it time to sell your Shopify stock?

Can Tech - Wed, 11/04/2026 - 18:54
Shopify (Shopify Stock Quote, Chart, News, Analysts, Financials TSX:SHOP) reported its first quarterly revenue miss against analyst expectations in three years, but strong free cash flow and early growth in AI-driven shopping suggest the Ottawa-based e-commerce company has opportunities to expand its business. ATB Cormark Capital Markets analyst Martin Toner raised his target on Shopify […]

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RBC trims price target on Telesat

Can Tech - Wed, 11/04/2026 - 18:45
On Nov. 2, RBC Capital Markets analyst Drew McReynolds lowered his target on Telesat (Telesat Stock Quote, Chart, News, Analysts, Financials TSX:TSAT) to $94.00 from $95.00, citing a modest delay in the rollout of its Lightspeed satellite network, but the analyst maintained his “Outperform” rating and positive outlook for the company’s long-term growth prospects. McReynolds […]

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