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Ballard posts big net loss for 2022

Ballard posts big net loss for 2022

Lower revenues blamed on poorer-than-expected performance in China
UBC receives federal funds for biomanufacturing hub

UBC receives federal funds for biomanufacturing hub

$570 million in federal funds is available to support projects and proposals coming out of the various hubs
Canadian tech sector expects collapse of SVB to have 'chilling' effect on investments

Canadian tech sector expects collapse of SVB to have 'chilling' effect on investments

Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.
Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

Ritchie Bros. shareholders approve acquisition of IAA Inc. at special meeting

Shareholders of Burnaby-based Ritchie Bros. Auctioneers Inc. approved the company’s deal to buy U.S. automotive salvage company IAA Inc. at a meeting Tuesday, the company said in a press release.
Employment falls at B.C.-based software companies

Employment falls at B.C.-based software companies

Average local employment at B.C.’s largest software companies fell over the past year, indicating that B.C. is not immune to the layoffs sweeping through many North American technology companies. Average B.C. employment declined 2.
Yaletown Partners raises $70M, increasing fund value to $200M

Yaletown Partners raises $70M, increasing fund value to $200M

Yaletown Partners' active funds under management now exceed $450 million
Zenhub raises $10M betting on expanding platform to non-technical employees

Zenhub raises $10M betting on expanding platform to non-technical employees

Series A funding round led by Yaletown Partners with support from BMO capital and existing investors
CSIS warns 'smart city' technology can open door to attacks, foreign interference

CSIS warns 'smart city' technology can open door to attacks, foreign interference

Canada's intelligence service warns that technological innovations adopted by municipalities could be exploited by adversaries such as the Chinese government to harvest sensitive data, target diaspora communities and interfere in elections.
'Dystopian nightmare': Telus security necklace ad faces criticism

'Dystopian nightmare': Telus security necklace ad faces criticism

An advertisement for a Telus security necklace is drawing criticism for creating a false sense of security.
Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

A report by Institutional Shareholder Services recommends shareholders of Ritchie Bros. Auctioneers Inc. vote against the company's deal to buy automotive salvage company IAA Inc.