Royal Bank of Canada assistant chief economist Nathan Janzen noted that Canada’s labour market bounced back in May, easing some concern after a weak first-quarter GDP report. In a June 5 report, Janzen pointed out that employment rose by a larger-than-expected 88,000 in May, while the unemployment rate fell to 6.6% from 6.9% in April. […]

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Beacon Securities analyst Russell Stanley says Decisive Dividend’s (Decisive Dividend Corporation Stock Quote, Chart, News, Analysts, Financials TSXV:DE) acquisition of Belgian hearth manufacturer Be Fire expands the company’s highest-return vertical, broadens its European footprint and should improve its payout ratio. In a June 3 update, Stanley maintained his “Buy” rating on Decisive and raised his […]

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Roth Capital Partners analyst Taz Koujalgi says CrowdStrike’s (CrowdStrike Holdings Stock Quote, Chart, News, Analysts, Financials NASDAQ:CRWD) first-quarter results were solid, but its larger-than-expected increase to full-year ARR guidance has raised questions about how much upside remains. In a June 4 update, Koujalgi maintained his “Buy” rating and raised his target on CrowdStrike to $785.00 […]

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Beacon Securities analyst Russell Stanley says Metatek Group (Metatek-Group Stock Quote, Chart, News, Analysts, Financials TSX:MTEK) could be particularly catalyst-rich over the next two months, with the stock trading below its March IPO price despite several near-term opportunities. In a research update to clients, Stanley maintained his “Buy” rating and one-year price target of $9.00 […]

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From wartime messages to love letters, pigeons have carried our mail for centuries. A new study suggests the secret to how they find their way might be hiding in an unexpected place: the liver.

IDEA Mississauga’s Step-Up Program helps founders build the strategy and systems for growth.

The post Why scaling requires more than speed first appeared on BetaKit.

Expansion is Vancouver-based company’s first dedicated US office, and tenth globally.

The post Clio expands into the US with New York headquarters first appeared on BetaKit.

Ten-year deal will see TD use Deep Sky’s carbon credits to offset residual emissions.

The post Deep Sky announces carbon capture agreement with TD Bank first appeared on BetaKit.

Mila, Amii, Vector Institute, and CAISI receive over $200 million in financial commitments.

The post National AI institutes get funding and talent boost from AI strategy first appeared on BetaKit.

Montréal VC firm’s third growth fund has raised $365 million USD of $450-million target.

The post Inovia promotes Mia Morisset to partner on growth team first appeared on BetaKit.

Barometer Capital Management CEO and CIO David Burrows says Bombardier (Bombardier Stock Quote, Chart, News, Analysts, Financials TSXV:BBD.B) is no longer a turnaround story, but a business jet leader with improving fundamentals and potential catalysts ahead. Speaking on BNN Bloomberg’s Market Call on June 3, Burrows said Bombardier is operating in a strong industry and […]

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A worsening air leak aboard the International Space Station (ISS) prompted five astronauts to take shelter and prepare for evacuation for roughly two hours on Friday as Russia attempted to fix a crack on its portion of the orbital laboratory, NASA said.

RBC Dominion Securities analyst Paul Treiber says Plenary Americas’ $1.2-billion agreement to acquire Information Services Corp. (Information Services Corp. Stock Quote, Chart, News, Analysts, Financials TSX:ISC) fairly values the digital services company in a go-private scenario. As reportyed by the Globe and Mail, coming off research restriction, Treiber raised his target on ISC to $51.00 […]

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All-Québec cap table includes Brightspark Ventures, Boreal Ventures, and AQC Capital.

The post Pricepoint closes $6.6-million CAD seed round for AI hospitality platform first appeared on BetaKit.

Viewpoints differ, but experts aligned that strategy needs clearer timelines and greater detail.

The post Canada’s AI strategy draws mixed reviews from across tech ecosystem first appeared on BetaKit.

New $500-million fund will take equity stakes in promising Canadian AI firms.

The post Canada’s AI strategy looks to shift government from startup supporter to stakeholder first appeared on BetaKit.

Prime Minister says legislation around protecting children will come in the next few weeks.

The post Canada’s AI strategy promises to protect citizens. Critics say it still lacks teeth first appeared on BetaKit.

Library hopes to provide access to open-source software developed mainly in Canada.

The post Linux Association of Canada launches national open-source library first appeared on BetaKit.

Canadians could be in for another beautiful display of the northern lights tonight, as the sun unleashed several fast-moving particles in the Earth's direction over the past couple of days.

Delayed strategy promises plan to encourage Canadians to reinvest tech investment gains in AI startups.

The post Canada’s AI strategy contains $2.3 billion in spending but few details on new privacy regulations first appeared on BetaKit.