It was a good week to become a Canadian beloved AI.
A day after the company announced financing another 100 million US dollars in order to bring his estimate to $ 7 billion (history below), Cohere General Cohere, Aidan Gomez, will ride on the stage “Everything on the stage”, surrounded by the Federal Minister of Canada, the largest company in market capitalization and its second largest telecommunication (all three parties are customers, customers, customers, are customers, customers. To customers), besides, just for the purpose of, in general, in general.
This type of booster in the hometown is not new for the highest Canada poppies (the hat for the past '10 more “Schopify and Blackberry”), but what followed was much more pointed.
Closing the conference in the main speech, the Minister of the Melanie Jolie industry resolutely made a clear statement about the intent: “We will build Cowid, and we will make this a champion of Canadian origin.”
Why? “We need economic growth,” Jolie said. “And AI – all about economic growth.”
It is one thing to be Belle of the Ball. This is one more to be a linchant of the country's economic strategy. Especially when government, as a rule, is badChoosing the winnersThe field may be, the construction champions will be different.
Even if economic benefits haveDo not materialize yetIt is clear that this is the government all in AI. Minister Evan Solomon also announced his new target group responsible for refreshing the AI national strategy this week (history is also lower). The marching orders were clear.
“[AI] Solomon said that the second great technological revolution in the last quarter century, said Solomon. “It is all in this room, all of us and our government to do it ours.”
Solomon several times pointed to the federal budget in November during the week as a mechanism of future changes in artificial intelligence policy (including support for venture capital). Until then, expect stronger conversations.
Douglas Saltis
Editor -in -chief
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Canada hopes to build a sovereign cloud to counteract the dominance of the United States. It will not be easy
Prime Minister Marc Carney announced this month that he plans to build a sovereign cloud through the office of large projects against the background of larger state efforts to finance “sovereign artificial intelligence”, where Canadian companies manage data transfer services, and not on American players (which Telus I got a start this week).
Data storage in Canadian data processing centers does not necessarily guarantee data sovereignty, but the need for an infrastructure controlled by a Canadian has yet to be fulfilled with a plan for execution. How can it look?
Canadian technical technology is looking at the H-1B visa, they run as their own “ambitious founders”
A sudden change in the United States immigration policy by the Trump administration causes the Canadian technological sector, trying to lure more qualified foreign workers north of the border. But the updated talent pipeline does not solve the slowdown in the technological growth of wages, a decrease in entrepreneurship and flight with the founders of technology.
Minister Evan Solomon reveals the target group from AI in Canada
The Minister of Artificial Intelligence of Canada, Evan Solomon, introduced the target AI strategy group with 26 members, which was registered by leading researchers, managers and entrepreneurs to help form a new national plan of AI.
The announcement will be presented a few days after Solomon said that the government will update its AI strategy a year earlier than the schedule.
BDC promises $ 50 million to help women entrepreneurs buy enterprises from aging owners
Being a wave of aging Canadian entrepreneurs to resign, the BDC issued a new fund of $ 50 million aimed at providing women entrepreneurs with capital and support necessary for the purchase and development of companies of these outgoing leaders.
BDC also Promoted the Mona mine The managing partner of his venture fund focused on women this week. Minhas enters into possession for the old leader Michel Scarborough, who left the organization in the beginning of this year.
Tiktok collected personal information from the “large number” of Canadian children
The new report from the Canadian guard dogs on confidentiality says that Tiktok had “inadequate measures” to keep children from their platform, which leads to the collection of personal and potentially confidential information. While investigators say that Tiktok “generally does not agree” with the results, the company took the obligation to update its practice.
The second missile attempt to launch NordSpace goes after several fires to launch
Nordspace decided to abandon her second window for the first commercial launch of the rocket in Canada this week after minor fires stopped numerous attempts.
Nordspace said that problems with Propelland led to the “rich fuel scenario”, where his engine burned more fuel than the air he took. The new date of launch is expected somewhere in the “coming weeks”.
Tonto Tech Week returns in 2026
Mark your calendars because Toronto Tech Week will return in 2026.
After a successful debut in June of this year, the next year’s celebration will take place earlier, from May 25 to May 29, and the return of the flagship event Homecoming Homecomping at Toronto Week will be presented.
Get to know Toast Top 25 Women in Tech
In partnership with Betakit, 25 best women in a technological initiative, it illuminates women working in technical or technical enterprises whose influence on the Canadian innovative economy often remains unnoticed.
This week, Khonura was named at the top of TOAST in Kalgary. Partner of Anteria Shambhavi Mishra, CEO of Medessist Joelle Almeida, Certn CTO Saba El-Hilo and others were recognized for their contribution to the technical ecosystem of Canada.
Selected stories from our partners
- Since 2016, Saas North has given the founders a scene to combat the most difficult issues facing the industry. The conferences are 10 years old this year, and the center of attention is paid to the subject that dominates in every hall of meetings: AI. Get an early look at Saas North 2025.
- Jacqueline Lohannatan runs several enterprises and knows the struggle of the endless browser tabs, switching context and missing subsequent observations. She just checked Quickbooks on Intuit's platform to see if she could simplify chaos. Read it first -hand, see how the platform supports entrepreneurs.
Weekly Canadian transactions, dollars and much more
- Van is variation Blows 349 million US dollars with a pharmaceutical giant Merck
- Cgy – attabotics Sold The remaining assets in Lafayette Systems
- KW – Fluidai Earth FDA CLEARANCE for the sale of a monitor after surgery in the USA
- Tor – Cohere rating Hits 7 billion US dollars with new 100 million dollars
- Tor – financing Simple Ventures Hits 15 million dollars
- Tor – Mycroft Provide 3.5 million US dollars to create a Zlatovlask security tool
- Tor – Loblaw Grives On partnership with trucks Gatik Driverless Trucks
- Tor – Venture for Canada Pressing Stephen Van for CEO
- MTL – Google Android Head Samat joins LightSpeed board
- MTL – Telegraph Ventures Provide 35 million dollars to support AI startups
- Mtl – something launch extended product for large banks
- MTL – SRTX Confirms Constant abbreviations for 92 employees
Podcast Betakit – CEO of Tailscale has the idea “costs billions” for AI startups
“This is a literal term that several CISO used with me without an inability:“ A bomb ticks with a slowdown in time. ” There is no world in which it does not explode as it is done right now. ”
Tailscale Director General Avery Pennarun believes that the artificial intelligence revolution put a pistol to the head of CISO: to cover unsafe data practices or to dismiss. They told him that the risks of cybersecurity are a “bomb of the timet”. Pennarun joins Betakit to explain how his company developed from a programmable net to control air traffic for artificial intelligence agents, and why he needs other startups to create new tools to make sure that the planes are safely landing. Recorded live in 2025.
Take the quiz Betakit – Super Pac, Trump Talent Tariff, MDA Space Goes Rinkside
Do you think you are at the top of Canadian technological and innovative news? Time to prove it. Check your knowledge about Canadian technical news with the help of a quiz Betakit on September 26, 2025.
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