Innovation news

Canada’s renewed focus on critical minerals is beginning to reshape the country’s innovation map. With updated policies expected in 2025—including a two‑year extension of the mineral exploration tax credit to 2027 and a new call under the Critical Minerals Infrastructure Fund—the government is sending a clear signal that strategic resources will anchor the next stage of industrial growth. Yet the opportunity extends beyond extraction. As global supply chains reorganize to mee

Ottawa’s March 21 decision to cancel the planned hike in the capital gains inclusion rate quickly changed the tone in Canada’s startup and investment circles. Keeping the rate at one half preserves familiar ground for founders who have faced rising uncertainty about how their eventual exits might be taxed. Timing matters: with valuations compressed and seed funding more conservative than in past years, predictability gives space to plan rather than rush deals under shifting f

Canada’s financial technology sector is entering a decisive phase. By 2025, the federal Consumer‑Driven Banking framework and new retail payments supervision model will begin to redefine how financial data moves between consumers, banks, and emerging platforms. These policies will introduce common standards for secure API access, accreditation, and oversight—technical shifts that will influence how every new fintech product connects to the broader financial system. For startu

Canada’s planned overhaul of the Scientific Research and Experimental Development (SR&ED) program in 2025 marks one of the most significant updates to federal R&D support in years. By lifting the enhanced refundable credit ceiling to roughly six million dollars for qualifying firms, Ottawa signals a renewed intent to back early-stage growth. The reinstatement of capital expenditure eligibility for assets acquired after mid‑December 2024 may also change how young companies bud

Budget 2025 marks a turning point for Canada’s financial technology landscape. The federal plan introduces a consumer‑driven banking framework that will replace the patchwork of data‑sharing practices now common across the sector. By shifting from screen‑scraping to secure application programming interfaces, the framework sets a new expectation: Canadians will control how and when their financial data is shared, while institutions and startups must meet clear national standar

Canada’s financial landscape is approaching a historic transition. Enforcement of the Retail Payment Activities Act on September 8, 2025, will mark the first comprehensive federal oversight of payment service providers, requiring them to register and embed compliance in their systems from the start. For small and mid-sized firms, that represents both a hurdle and a gateway: a moment to prove that transparency and consumer trust can coexist with faster, more creative financial

Across Canada, a quiet shift is reshaping how future founders gain real-world experience. Ottawa’s 2025 effort to expand work‑integrated learning is increasing the number of co‑op terms, applied research projects, and entrepreneurship placements in postsecondary programs. For students and recent graduates, the chance to build early‑stage ventures through these placements offers more than professional training—it connects classroom ideas to commercial and community outcomes. U

Canada’s long-anticipated open banking framework, set to launch in 2025, promises to redefine how financial data is accessed and shared across the country. While open banking has been discussed for several years, the national rollout signals a shift from experimentation to regulation. Accredited participants will soon work under a common technical standard and a clear consent-based model, setting the stage for transparent competition among banks, fintechs, and research-driven

Canada’s move toward consumer‑driven banking—the local adaptation of what many call open banking—is poised to redefine how financial data flows across institutions in 2025. The new framework, led by the federal consumer agency and tied to Budget 2025, will accredit participants and publish rules for responsible data access. For fintech founders, the transition is more than a compliance update. It’s a turning point in how new services will connect savings, credit, investments,

Canada’s long-awaited consumer-driven banking framework is set to reshape the digital finance landscape in 2025. For years, fintech startups and small businesses have accessed customer data through screen scraping, a workaround that raised questions about privacy and security. The new regime intends to replace that practice with standardized, consent-based data sharing built around a single API model. Accreditation will determine which firms can securely access financial data