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Canadian fintech investments came back to earth in 2025
Canadian fintech investments came back to earth in 2025
Investment in Canada’s fintech sector slowed in 2025, after a record-high in 2024, according to a new study the fintech market by KPMG International.
Canadian workers will switch jobs for better AI training
With economic uncertainty still looming, Canadian executives and employees are responding by leaning into AI.
Ericsson, U of T enter multi-year partnership
Ericsson and U of T multi-year partnership to accelerate innovation and research in next generation AI powered mobile communications technologies
Canada’s OSFI to fast-track bank licences for fintechs
Canada’s financial watchdog will fast-track applications for banking licences from credit unions, fintechs and other “technologically innovative” businesses, in an effort to speed up the notoriously slow process.
Xanadu CEO talks data centre dreams before going public
Toronto-based quantum computing firm Xanadu is preparing to go public at the end of this quarter in a US$3.6-billion special purpose acquisition company deal. Quantum technology has been generating significant interest among public market investors lately.
World Labs partners with Autodesk on 3D workflows
The partnership between World Labs and Autodesk will see the two companies collaborating to explore how World Labs’ models — AI systems that can generate and reason about immersive 3D environments — can work alongside Autodesk’s tools, and vice versa.
Toyo raises seed funding for AI agents
The startup, which was founded by a team — split between Victoria, B.C., and London, U.K. — wants to provide the productivity gains that tech-savvy early adopters have gained from agentic AI tools like OpenClaw.
AI data centres Canada’s next big investment opportunity
AI runs on massive data centres, and that physical infrastructure is becoming one of the biggest investment themes of the decade. Canadian-based Celestica is designing and building the hardware platformsfor some of the world’s largest cloud and enterprise technology companies.
Bank of Canada orders XTM to cease retail payments
The Bank of Canada has ordered Toronto-based fintech company XTM and its affiliated entities to immediately cease payments activities, as customers of the company’s Edmonton-based subsidiary Everyday Payments allege their money is missing.
RBC CEO warns of Apple’s grip on mobile payments
More than a decade since it launched, Apple Pay continues to irk RBC CEO David McKay. McKay said limited access to Apple’s payments technology was creating a “barrier” for banks trying to compete with tech giants.
Canadians feel vulnerable to AI fraud: TD survey
Three in four Canadians say advances in artificial intelligence are making them feel more exposed to financial fraud, according to a new survey by TD Bank Group. More Canadians believe scams are becoming harder to detect due to AI.
Tanium announces country manager for Canada
Cybersecurity vendor Tanium announced the appointment of Adam Ostopowich as country manager for Canada. Tanium's Autonomous IT Platform provides Canadian organizations with real‑time visibility, automated remediation and improved cyber resilience.
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