Top Tech News and Innovations of 2019
As the end of 2019 draws closer, we have the opportunity to look back at the great strides taken in the Canadian and global high tech industry across a range of sectors over the past year. From advanced manufacturing to ICT, from medtech to energy, leading innovators and companies within these fields have been hard […]
USMCA Trade Deal – What’s New?
Recently, it was announced that the US, Mexico and Canada have finalized the United States-Mexico-Canada Agreement (USMCA). This new North American trade deal is intended to replace the North American Free Trade Agreement (NAFTA), the 1994 pact that governs free trade policies between the three nations. The key changes to the agreement update the 25-year old […]
2019 Economic Review & 2020 Forecast
Canadian stocks are soaring, while the economy is expected to reach slowest pace in a decade. The National Bank of Canada reports investor optimism for a pro-growth agenda on the horizon at the end of 2019, despite the effects of recent protectionist policies continuing to ripple across global supply chains. The fate of emerging markets, […]
Corridor Medtech Startups Compete at the Third Annual SNG Hawk’s Nest
Sunnybrook Next Generation’s Hawk’s Nest is back for the third annual pitch competition and fundraiser, where four of the most promising local medtech startups will compete for a chance to win up to $50,000 in non-dilutive financing. It starts with dozens of startups. Pitch applications from the most promising emerging medtech companies are screened and […]
SWODF New Application Intake Dates Announced
The Southwestern Ontario Development Fund (SWODF) provides support for business growth projects and funding to cover up to 15% of project costs. SWODF is maintained by The Regional Development Fund which supports eligible small- and medium-sized businesses investing in new equipment and training to expand operations in these regions, and also supports municipalities and not-for-profit […]
Made in Canada: Sustaining a Global Competitive Advantage in Cannabis Technology
Last month marked the one year anniversary since Canada became the first G7 country to legalize cannabis. On October 17, 2019, the Canadian Cannabis Regulations were updated to establish rules for the legal production and sale of three new classes of cannabis including edibles, extracts, and topicals, which are expected to become available for purchase in physical […]
Three Kitchener-Waterloo Startups Ranked Fastest Growing Canadian Technology Companies
Waterloo Region startups took the top 3 spots on the 2019 Deloitte Technology Fast 50 list, which ranks Canada’s fastest-growing technology companies by their reported (%) revenue growth over a three-year period. The Deloitte Technology Fast 50™ celebrates leadership, innovation, and excellence in the technology sector by recognizing forward-thinking companies at the cutting edge of […]
Workforce Development Funding for Biotech Companies
As issues with climate change and rapidly depleting resources are becoming more urgent, there is a pressing need to form strategies to achieve sustainable development goals (SDGs). In Canada, a bio-economy is being adapted as a key strategy to support SDGs. Bio-economy is defined as economic activities associated with the invention, development, production and use […]
Redefining Medical Technology in the Toronto-Waterloo Corridor
As the second-largest technology supercluster in North America, the Toronto Waterloo Corridor is a global hub of research, innovation, and talent with over 5000 tech startups, 16 universities and colleges, and 81 innovations hubs and accelerators. The Toronto-Waterloo Region ranked in the top 20 global ecosystems for Artificial Intelligence and Life Science and one of […]
SR&ED for Physicians and Medical Professional Corporations
Canada is recognized as a world leader in healthcare and medicine with many ground-breaking discoveries under its belt. Formidable efforts by various parties in the medical sector including physicians, medical professional corporations (MPCs) and health care entities (HCEs) to perform intensive research in a wide range of critical fields—from cancer research to population health—have led […]