Earlier this year, the perennially profitable Safe Software announced a strategic growth investment from JMI Equity, a firm providing software companies with capital and industry expertise to build businesses of enduring value. Headquartered in Surrey, Safe provides solutions that empower people and enterprises to unlock the full potential of their information, especially geo-spatial data. The […]
Already Feeling Underpaid, Canadian Professionals are Worried About Their Financial Future
As the cost of living continues to rise in Canada, money talks louder than before: salary is once again the number one priority for talent across the nation, finds a new report. An alarming 92% of professionals in Canada are concerned about inflation outpacing salary growth, with a majority already feeling underpaid, according to data […]
Government Investment in Giatec to Forge 160 Canadian Cleantech Positions
The federal government says it is committed to a “carbon-neutral future” as the nation tilts toward the target of a “net-zero economy” by 2050. One recent expression of this commitment is a $17.5 million investment into Giatec Scientific through Canada’s Strategic Innovation Fund. The sizeable expenditure aims to support a $66M project from Giatec: sensor […]
Canadian Startup Aims to Make Hybrid Work Appealing for Both Talent and Employers
A Canadian technology platform is helping tackle the issue of burnout among talent. Vancouver’s Workforce Wellness claims to have built the “first solution which addresses burnout in a holistic and comprehensive way, leveraging the latest in research, AI, big data and predictive analytics.” The tech-empowered platform targets burnout at both the employee and organizational level, […]
SEGULA ‘Intensifies Footprint’ in Canada with New Office, Aim to Create 150 Jobs
A global engineering group this week announced the opening of a new office in Toronto. The facility marks the second office in Canada for France-born SEGULA Technologies, building on an office in Boucheville, Quebec. It is the organization’s sixth office in North America. The new office in Ontario is part of the SEGULA’s strategy to […]
Why Challenger Bank KOHO Doesn’t Plan to Return to the Office – Ever
After raising substantial financing in 2022, things went south for Koho. That year, Koho was recognized by Team True North, representing fintechs as one of Canada’s most promising growth companies. But 2023 saw layoffs and a lack of profitability. Resilience has been a crucial component of any company that has endured the global market turbulence of the past […]
Future Talent Research Institute Launches to Prepare Canada for Tomorrow’s Tech Economy
International Business University this week announced the launch of its Future Talent Research Institute. The new institute is an initiative designed to study and meet the evolving demands of Ontario’s workforce and contribute to Canada’s broader economic future, according to a statement from IBU. IBU’s Future Talent Research Institute is dedicated to understanding labour market […]
Government Renews VCCI with $200M Following Creation of 20,000 Jobs
Canada ranks top five in terms of venture capital investment as a percentage of GDP, according to the Organization for Economic Co-operation and Development. The federal government recently emphasized the impact that it has had on Canada’s VC ecosystem, including on job creation. Since 2016, the federal government has invested over $800 million to support […]
Compensation Cools in Canadian Tech, But Opportunities for Talent Still Remain
A cooling compensation market is currently the prevailing wind in Canada’s tech talent market, finds this year’s Tech Sector Salary report. The 2024 report, conducted by TAP Network and produced by Mercer, showed a median salary increase of less than 4%, a marked decline from 2023’s median increase of nearly 8%. Voluntary turnover also declined […]
Investment Spurs 600 ‘Highly Skilled’ Roles with $15M into Canadian A.I.
Canada’s federal government says it is committed to driving ethical and responsible development and adoption of AI across the nation’s economy and society. At this year’s ALL IN event, minister François-Philippe Champagne announced $15 million through the Strategic Investment Fund to support Canada’s Coveo Solutions. Coveo’s search and recommendations cloud platform connects an enterprise’s data […]