Lodge owner decries killing of caribou on property, but others caution against rush to judgment

Technology news (CBC) - Tue, 05/13/2025 - 22:22

The owner of a remote hunting lodge in northern Manitoba says he wants answers after he found a “mass slaughter” of caribou and severe property damage there last month, but police warn that images circulating of the dead animals might not tell the entire story.

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Second dead grey whale in less than a week washes ashore in B.C.

Technology news (CBC) - Tue, 05/13/2025 - 20:02

A second dead grey whale has washed ashore in British Columbia in less than a week. Fisheries and Oceans Canada has confirmed that the latest dead whale was reported on May 11 in Haida Gwaii and a marine mammal response team is working with local First Nations to co-ordinate a necropsy.

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Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI

BetaKit - Tue, 05/13/2025 - 16:06

Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition.

The post Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI first appeared on BetaKit.

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Telus Digital Experience upgraded at National Bank

Can Tech - Tue, 05/13/2025 - 10:18
Telus Digital Experience (Telus Digital Experience Stock Quote, Chart, News, Analysts, Financials TSXV:TIXT) is showing early signs of a turnaround, prompting National Bank of Canada Financial’s Richard Tse to upgrade the stock, in a May 9th update, to “Outperform” and raise his price target to US$3.50, citing improving fundamentals, stable guidance and what he sees […]

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Illumin Holdings is undervalued, Ventum Capital says

Can Tech - Tue, 05/13/2025 - 10:00
Illumin Holdings’ (Illumin Holdings Stock Quote, Chart, News, Analysts, Financials TSX:ILLM) recent pullback presents a buying opportunity, says Ventum Capital Markets analyst Rob Goff, who maintained his Buy rating and $3.40 target on May 12, pointing to strong second-half momentum, positive engagement trends and potential upside from M&A. Illumin Holdings’ second-half outlook remains encouraging. He […]

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VitalHub has years of outperformance left, Paradigm Capital says

Can Tech - Tue, 05/13/2025 - 09:17
VitalHub’s (VitalHub Stock Quote, Chart, News, Analysts, Financials TSXV:VHI) steady growth, active acquisition strategy, and solid margins have Paradigm Capital’s Daniel Rosenberg sticking to his “Buy” rating and $12.50 target, as the company positions itself for another year of profitable expansion. In a May 11 research note, Rosenberg said VitalHub is showing strong organic growth […]

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Making AI work beyond the lab

BetaKit - Tue, 05/13/2025 - 07:00

Researchers at Vector Institute are turning AI breakthroughs into real-world solutions.

The post Making AI work beyond the lab first appeared on BetaKit.

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University of Waterloo-backed Velocity Fund II holds $14-million initial close

BetaKit - Tue, 05/13/2025 - 06:00

First VC fund backed by Canadian university endowment has deployed into five startups so far.

The post University of Waterloo-backed Velocity Fund II holds $14-million initial close first appeared on BetaKit.

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Don’t underestimate Shopify, ATB says

Can Tech - Mon, 05/12/2025 - 20:52
Shopify’s (Shopify Stock Quote, Chart, News, Analysts, Financials TSX:SHOP) stock slide has created a buying opportunity, says ATB Capital Markets analyst Martin Toner, who upgraded the stock to “Outperform” and raised his price target to $160.00 following strong Q1 results and resilient growth guidance. Shopify reported $2.36-billion in revenue for Q1, up 26.8% year over […]

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D-Wave Quantum wins price target raise at Roth

Can Tech - Mon, 05/12/2025 - 19:51
D-Wave Quantum (D-Wave Quantum Stock Quote, Chart, News, Analysts, Financials NYSE:QBTS) flew past expectations in Q1 2025 with a surge in revenue, driven by its first major hardware sale and growing demand for its quantum computing services. The company brought in $15-million for the quarter, more than five times last year’s total for the same […]

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B.C.'s low snowpack and early melt signal drought, raising concerns for hydro power

Technology news (CBC) - Mon, 05/12/2025 - 18:56

Drier, warmer weather in much of British Columbia last month has contributed to an early melt, raising concern for widespread drought this summer, the province's latest snowpack and water supply bulletin says.

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Shopify stocks surge after company says it will join Nasdaq 100 index

BetaKit - Mon, 05/12/2025 - 17:47

The e-commerce giant will become a reference point for investors.

The post Shopify stocks surge after company says it will join Nasdaq 100 index first appeared on BetaKit.

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Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies

BetaKit - Mon, 05/12/2025 - 17:05

ZayZoon, Carbon Upcycling, CoolIT Systems plan to hire and train personnel with capital injection.

The post Opportunity Calgary Investment Fund’s new Express stream invests $3.5 million of fast funds across 23 companies first appeared on BetaKit.

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Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio

BetaKit - Mon, 05/12/2025 - 14:23

University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics.

The post Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio first appeared on BetaKit.

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Canadian FinTech leaders “cautiously optimistic” about open banking, payments modernization under Mark Carney

BetaKit - Mon, 05/12/2025 - 13:53

Jaded from years of waiting, FinTech players hope Carney’s UK track record translates into domestic policy action.

The post Canadian FinTech leaders “cautiously optimistic” about open banking, payments modernization under Mark Carney first appeared on BetaKit.

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