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- Prime Minister Justin Trudeau says other countries are quietly taking Canada's side as giant tech companies push back against his government's Online News Act. C-18, which passed the House of Commons in June, requires that tech giants Google and Meta pay media outlets for news content they share or otherwise repurpose on their platforms.
www.cbc.ca/news/politics/trudeau-online-news-act-other-countries-backing-canada-1.6970582Trudeau says other countries are quietly backing Canada in ...
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Why are tech companies struggling in Canada?
- More Than Just Money
- Investment Money Pouring In, Too
- A Rising Tide Lifts All Boats
Ron Spreeuwenberg faces that challenge every day. He's the CEO of HiMama, a software company founded in Toronto in 2013. HiMama makes software solutions for the child-care industry and employs roughly 180 people, more than half of whom have been hired in the past two years. Now boasting 10,000 customers, the company has expanded its hiring pool wel...
The HiMamas and Mysas of the world aren't just attracting the attention of tech giants like Google, Meta and Microsoft when it comes to hiring; they're also attracting U.S. investment dollars. HiMama recently secured $70 million in funding from Boston-based private equity firm Bain Capital — a sign of just how on the radar Canada's tech ecosystem h...
With the backing of government, the supercluster initiative plays something of a convener role, Greenhill said, holding big tech "accountable for their commitments and inviting them to behave like good corporate citizens." And instead of seeing big tech as an adversary, they can help to cross-pollinate the whole ecosystem. "They set up accelerators...
Jan 29, 2021 · The key areas where Canada is moving to regulate foreign tech platforms fall into four main buckets: harmful content such as hate speech; consumer and data privacy; taxation; and broadcasting/telecom and content.
- Barbara Shecter
Jul 27, 2021 · In the first half of 2021, Canadian tech companies raised nearly as much venture capital as they did in all of 2019. Twenty-two companies have had financing rounds of $100-million or more during this stretch—while 10 achieved “unicorn” status, now valued at over US$1-billion each.
Aug 25, 2024 · Under a new president, especially with Canada now considering various new taxes on American tech companies, much of Canada’s current favourable treatment in the U.S. could go away.
Sep 7, 2021 · A recent Deloitte report, Catalyst: Canada at 2030, concludes that “Canadian businesses must level up investment in their digital infrastructure, including data, AI, and technologies and tools...
6 days ago · Canada’s $2-billion sovereign computing strategy is designed to help domestic companies access the necessary services to power artificial intelligence. But foreign companies could stand to reap...
