Innovation news

Canada’s research community is entering 2025 with a sharpened focus on security, transparency, and accountability. New federal rules now ask universities, startups, and research partners to confirm affiliations and disclose potential foreign ties when applying for national funding. The measures are part of a broader attempt to balance the country’s open approach to collaboration with growing attention to data protection and sensitive technology areas such as quantum systems,

Canada’s consumer-directed banking framework, set to begin rolling out in 2025, signals a major redesign of how financial data will move across the economy. For years, fintech apps have relied on “screen-scraping” methods that copy customer credentials to access information. The upcoming model will replace that practice with secure, standardized APIs. These will operate under clear accreditation and liability rules, defining who may handle data, how consent is tracked, and wh

Canada’s move toward formal open banking rules in 2025 marks a turning point for fintech development. For years, startups built their tools by scraping data from online accounts. The new data-sharing framework replaces that fragile approach with verified, consent-based access to financial information. Builders of cash‑flow platforms, payroll link services, and SME payment systems are now reshaping their code and compliance models to align with new accreditation and liability

Canada’s emerging framework for consumer‑driven banking could mark a turning point in the country’s financial innovation story. Set to take effect in 2025, the rules will compel major banks to participate in a regulated system governed by a single API standard and supervised by the Bank of Canada. The goal is to replace the fragile practice of screen‑scraping with verified, privacy‑protected data sharing. Behind the policy sits a broader question: how can Canada translate its

Canada’s financial sector is preparing for a major shift as consumer-driven banking, often called open banking, moves from policy drafting to technical rollout. By 2025, a single national framework will guide how consumers share their financial data securely with service providers of their choice. For businesses, it replaces a patchwork of data handling rules with a standard that clarifies consent, liability, and security practices. For consumers, it promises more transparenc

Canada’s semiconductor ambitions are gaining sharper focus in 2025, as new investments in prototyping, advanced packaging and national training networks begin to reshape the pathways available to early-stage chip ventures. What was once a space dominated by multinational firms is gradually opening to founder-led teams working on photonics, micro‑electromechanical systems and compound semiconductors. Activity in regions such as Bromont, long known for assembly expertise, point

Canada’s research and development landscape is entering a new phase of adjustment. As federal plans shift toward a business‑led R&D model, the anticipated arrival of the Canada Innovation Corporation in 2026–27 signals a structural change in how early‑stage science connects with market application. This delay has left research teams and founders re‑examining their roadmaps, seeking clarity on which public programs or private pathways best fit their work while the policy frame

The expansion of NATO’s innovation initiative to Halifax signals more than just a regional milestone. It marks a growing recognition that Canadian researchers and emerging companies have a distinct role in designing technologies suited for both civilian and defence applications. Dual‑use innovation—where a single development can serve humanitarian, commercial, and security goals—is moving from niche research groups to centre stage within the national innovation economy. For m

Canada’s network of university-based entrepreneurship programs is entering a new stage as the Lab2Market initiative expands into a coordinated national framework. By 2025, the network will reach more than fifty postsecondary institutions across every region, creating shared pathways for researchers who want to test the commercial and social value of their discoveries. Each hub will connect academic teams with mentors, regional investors, and early customers, forming a more co

Canada’s new Indigenous loan guarantee program is beginning to reframe how communities participate in the clean economy. By backstopping equity investments in major projects—ranging from transmission corridors and mine expansions to biofuel and hydrogen ventures—the program opens financial doors that were often out of reach. For many Indigenous groups, it offers a clearer route to long-term revenue and influence in resource governance rather than short-term benefit agreements