News from BetaKit

Québec has a new digital sovereignty plan. Will it work?

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Madison McLauchlan @ BetaKit · 02/19/2026 06:00 EDT

The $1.4-billion plan was tabled on the heels of a digital fiasco at the provincial auto board. Read more ›

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Q&A: Xanadu’s Christian Weedbrook on why quantum ought to be a national defence priority

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Josh Scott @ BetaKit · 02/18/2026 14:52 EDT

CEO talks data centre dreams and ensuring Xanadu stays in Canada as it prepares to go public. Read more ›

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Wagepoint rolls out two new additions to its payroll software

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Jesse Cole @ BetaKit · 02/18/2026 14:12 EDT

Timesheets and My Wagepoint are aimed at streamlining and modernizing the payroll process. Read more ›

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Sheertex maker will be sold to fellow Quebec hosiery company AYK

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Alex Riehl @ BetaKit · 02/18/2026 12:11 EDT

SRTX once employed 350 people. If the sale is approved, fewer than 10 will remain. Read more ›

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Why Canada’s defence spending should follow this Cold War blueprint 

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Trevor Nichols @ BetaKit · 02/18/2026 11:16 EDT

US military spending helped create your laptop. Can Canada make similar leaps? Read more ›

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“The world has changed”: Canada’s new Defence Industrial Strategy aims to reduce US dependency

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Josh Scott @ BetaKit · 02/17/2026 17:09 EDT

PM hopes to shore up Canada’s defence industry by buying domestically and partnering with "trusted allies." Read more ›

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Canada’s investment regulator halts stock trades for XTM as FinTech faces missing money allegations

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Alex Riehl @ BetaKit 1 place · 02/17/2026 15:34 EDT

The Canadian Investment Regulatory Organization (CIRO) has halted trading of XTM’s stock, $PAID, on the Canadian Securities Exchange as customers of the company’s subsidiary, Everyday Payments, allege their money is missing. The halt was issued at 9:22 a.m. EST on Tuesday morning, with CIRO citing “pending news” as the reason. The halt follows the penny stock falling from its year-to-date high of five cents per share to less than a... Read more ›

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From Amharic to Zulu: Cohere’s new multilingual AI model supports more than 70 languages

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Alex Riehl @ BetaKit · 02/17/2026 13:28 EDT

Toronto scaleup says Tiny Aya can run in regions where large-scale infrastructure isn’t always available. Read more ›

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From client to cap table: Shakudo converts customers to investors with $7-million USD raise

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Josh Scott @ BetaKit · 02/17/2026 06:00 EDT

New backers with ties to Loblaw and CentralReach invest in Toronto startup. Read more ›

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Is Something Big happening in AI?

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Sarah Rieger @ BetaKit · 02/17/2026 05:00 EDT

Plus: Canada's Defence Industrial Strategy revealed. Read more ›

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Is BDC too big to change?

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Douglas Soltys @ BetaKit · 02/16/2026 15:41 EDT

Canadian VCs who rely on the Crown corporation have feedback on its “steady hand” approach. Who’s listening? Read more ›

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Feds’ $6.6-billion Defence Industrial Strategy takes aim at building “a robust” Canadian defence sector

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Josh Scott @ BetaKit 2 place · 02/15/2026 15:20 EDT

DIS outlines a “build-partner-buy” framework and plans to name “national champions.” Read more ›

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Feds’ $6.6-billion Defence Industrial Strategy takes aim at building a “robust” Canadian defence sector

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Josh Scott @ BetaKit 1 place · 02/15/2026 15:20 EDT

DIS outlines a “build-partner-buy” framework and plans to name “national champions.” Read more ›

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Cohere reportedly soars past revenue target, with $240 million USD ARR

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Madison McLauchlan @ BetaKit 1 place · 02/13/2026 17:38 EDT

Canada’s AI champion had projected $200 million USD ARR last year. Read more ›

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Ottawa, Gatineau launch defence innovation task force in bid for NATO defence bank

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Josh Scott @ BetaKit 2 place · 02/13/2026 17:25 EDT

Task force features mayors, a retired general, and leaders from One9 and Ranovus. Read more ›

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Black Business Ventures Association brings Dragons Den energy to Edmonton Unlimited

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Jesse Cole @ BetaKit 3 place · 02/13/2026 17:02 EDT

Pitch night spotlights homegrown startups and growing tech talent. Read more ›

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Mesosil’s infection-fighting dental tech gets FDA clearance

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Madison McLauchlan @ BetaKit · 02/13/2026 16:48 EDT

Green light lets Toronto-based startup's technology be sold in US market. Read more ›

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Photonic claims “world-first” quantum teleportation across Telus fibre network

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Madison McLauchlan @ BetaKit · 02/13/2026 09:00 EDT

Quantum company deepens partnership with investor and telecom giant. Read more ›

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Apple strikes deal to acquire Canadian database software startup Kuzu

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Josh Scott @ BetaKit · 02/12/2026 17:20 EDT

US tech giant confirmed the October 2025 deal in a disclosure to the EU. Read more ›

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Alberta invests $28 million in six projects to improve environmental outcomes

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Jesse Cole @ BetaKit · 02/12/2026 17:01 EDT

Funding comes from province’s industrial carbon pricing revenue on large emitters. Read more ›

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