Paradigm Capital lowers price target on Sylogist

Can Tech - Sun, 05/18/2025 - 10:04
Paradigm Capital analyst Daniel Rosenberg lowered his target price on Sylogist (Sylogist Stock Quote, Chart, News, Analysts, Financials TSX:SYZ) to $12.75 from $13.00 in a May 15 research note, citing higher near-term costs from building out the company’s partner sales channel. However, he maintained a “Buy” rating, indicating strong SaaS momentum and improving operating leverage […]

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B.C. wildlife group concerned about risk to rainbow trout from wind farm project

Technology news (CBC) - Sat, 05/17/2025 - 09:00

The B.C. Wildlife Federation has concerns new legislation to expedite wind projects may prioritize speed over environmental protections, but Westbank First Nation says the new rules streamline an inefficient process.

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Beware: Mosquito season will soon be upon us. Here's what you need to know

Technology news (CBC) - Sat, 05/17/2025 - 04:00

The sun is out, temperatures are rising, and the flowers are blooming: Canadians are emerging once again into a beautiful spring and summer season. But as people shed their winter layers, our blood-sucking nemeses — mosquitoes — are also emerging into the warmer weather.

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Scientists gobsmacked by never-seen footage of earth rupturing during Myanmar quake

Technology news (CBC) - Sat, 05/17/2025 - 04:00

The video was captured by a surveillance camera on March 28 when a violent earthquake struck the southeast Asian country of Myanmar — causing widespread damage as far away as Bangkok in neighbouring Thailand, and killing some 3,700 people, according to Myanmar's ruling military junta. 

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Rare whale washes up on Vancouver Island, in possible 1st sighting of species in B.C.

Technology news (CBC) - Fri, 05/16/2025 - 18:14

'Na̱mg̱is First Nation says it is 'deeply concerned' about the temperate-water Bryde's whale being found dead so far north.

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Researchers egg-static to capture 1st footage of this rare snail spawning from its neck

Technology news (CBC) - Fri, 05/16/2025 - 16:56

After a dozen years dedicated to studying a rare species of carnivorous snail, Lisa Flanagan was thrilled to finally film the moment that, until recently, had been shrouded in mystery.

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The internet is full of misinformation. That's by design, experts say

Technology news (CBC) - Fri, 05/16/2025 - 16:45

We are surrounded by information, and yet, 43 per cent of Canadians feel it's harder to decipher the truth from fiction. Several recent studies look at why the information age is so confusing.

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Cohere revenue reports paint mixed picture of growth

BetaKit - Fri, 05/16/2025 - 16:32

AI startup says it doubles revenue, reportedly hits $100-million USD annualized revenue but falls below forecasts.

The post Cohere revenue reports paint mixed picture of growth first appeared on BetaKit.

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Ontario Premier Doug Ford did not deliver the innovation budget tech leaders wanted

BetaKit - Fri, 05/16/2025 - 15:22

Open letter from CEOs not heeded as budget projects $14.6-billion deficit.

The post Ontario Premier Doug Ford did not deliver the innovation budget tech leaders wanted first appeared on BetaKit.

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Canada’s auto tech industry crashes into a triple emergency  

BetaKit - Fri, 05/16/2025 - 15:12

Exro, LeddarTech, and Lion Electric are all scrambling to make deals to stay afloat.

The post Canada’s auto tech industry crashes into a triple emergency   first appeared on BetaKit.

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New VC data, Shopify’s new index, Canada’s new cabinet

BetaKit - Fri, 05/16/2025 - 13:34

Test your knowledge of Canadian tech news with The BetaKit Quiz for May 16, 2025.

The post New VC data, Shopify’s new index, Canada’s new cabinet first appeared on BetaKit.

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Mount St. Helens will blow again — but not like 1980

Technology news (CBC) - Fri, 05/16/2025 - 12:20

It's been 45 years since Mount St. Helens erupted — and scientists say it will erupt again in our lifetime. Johanna Wagstaffe breaks down what will make it different from the deadly blast in 1980 and how today’s technology is giving us an early warning system.

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Verdi raises $6.5 million to reduce farmers’ irrigation irritation with automation

BetaKit - Fri, 05/16/2025 - 10:22

Vancouver-based startup has more than doubled its team size over the past year.

The post Verdi raises $6.5 million to reduce farmers’ irrigation irritation with automation first appeared on BetaKit.

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WonderFi’s Q1 shows why it shouldn’t sell to Robinhood, this analyst says

Can Tech - Fri, 05/16/2025 - 10:09
WonderFi Technologies’ (WonderFi Technologies Stock Quote, Chart, News, Analysts, Financials TSXV:WNDR) latest quarterly results reinforce the view that Robinhood’s $0.36-per-share offer undervalues the Canadian crypto platform, according to Haywood Capital Markets analyst Gianluca Tucci. Tucci reiterated his “Buy” rating and $0.60 price target on the stock in a May 15 update, citing WonderFi’s strong fundamentals […]

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Electrovaya has strong momentum, Roth says

Can Tech - Fri, 05/16/2025 - 09:53
Electrovaya (Electrovaya Stock Quote, Chart, News, Analysts, Financials NASDAQ:ELVA) powered through its ninth straight profitable quarter, and while Q2 numbers landed just shy of expectations, Roth Capital Partners is sticking with its “Buy” rating and 12-month price target $5.00, citing strong momentum, a growing backlog, and tariff-proof production ramping up in New York. In his […]

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Glass House Brands is on a roll, this analyst says

Can Tech - Fri, 05/16/2025 - 09:27
Glass House Brands (Glass House Brands Stock Quote, Chart, News, Analysts, Financials NEO:GLAS) is gaining ground across the board, according to Ventum Capital Markets analyst Andrew Semple, who says each business segment outperformed expectations in Q1 2025, and Q2 is shaping up to be even stronger. “Glass House continued to show momentum across the organization, […]

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Ventum cuts price target on Calian Group

Can Tech - Fri, 05/16/2025 - 09:05
Calian Group’s (Calian Group Stock Quote, Chart, News, Analysts, Financials TSXV:CGY) latest quarterly results may have disappointed, but Ventum Capital Markets analyst Rob Goff is staying positive on the stock’s long-term potential, especially in defence, while trimming his target price to $60 from $68 and maintaining a “Buy” rating. In his May 15 report on […]

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Redstick Ventures wants to give foodtech a seat at the table

BetaKit - Fri, 05/16/2025 - 06:00

Cross-border VC closes $6.5-million Fund I to invest in food production tech.

The post Redstick Ventures wants to give foodtech a seat at the table first appeared on BetaKit.

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Allegations of caribou wastage after hunt meant to vilify First Nations hunters, former lodge owner says

Technology news (CBC) - Fri, 05/16/2025 - 06:00

The former owner of a remote lodge in northern Manitoba where recent caribou hunts led to allegations of vandalism and animal wastage says he believes images of dead fetuses at the site were circulated with the intent of making First Nations hunters "look bad."

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