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Canada Lands 11 Spots on Global Cleantech Watchlist

October 14, 2026 by Newsdesk

Eleven Canadian companies have earned places on Cleantech Group’s 2026 Cleantech 50 to Watch, placing Canada second behind the United States, which secured 18 spots. Announced October 14, the list recognizes emerging companies across 12 countries. Canadian honourees include Calgary’s CURA and TerraFerno Geothermal Solutions, alongside British Columbia’s Anodyne Chemistries and Voxelis AI.

Their technologies address challenges ranging from industrial emissions to geothermal energy. Energy and power leads this year’s list with 17 companies, followed by materials and chemicals with 15. The selections highlight growing interest in technologies that combine environmental benefits with energy security and stronger industrial supply chains.

Want to know more? Check out the source code on CleanEnergy.ca.

Thomson Reuters Expands Cross-Border Legal AI

October 14, 2026 by Newsdesk

Thomson Reuters is expanding CoCounsel Legal with a Multinational Profile that brings legal content from more than 100 countries and territories into one research workflow. Announced October 14, the capability helps lawyers compare requirements across jurisdictions, examine supporting sources, and identify issues requiring local advice.

Canadian customers are expected to receive access during October, with general availability of the next generation of CoCounsel Legal anticipated by month’s end. The broader platform combines research, document analysis, and workspaces grounded in Westlaw and Practical Law. The expansion targets businesses and legal teams navigating international matters while reducing fragmentation across their research tools.

Want to know more? Check out the source code on LegalTech.ca.

Google Backs Canadian Cyber Clinics With $3.5 Million

October 14, 2026 by Newsdesk

Google.org is contributing $3.5 million to Rogers Cybersecure Catalyst to expand cybersecurity clinics across Canada. The Cyber Clinics Canada program will train postsecondary students and new cybersecurity professionals to provide free consulting to public and community organizations under expert supervision. Services include risk assessments, phishing awareness, incident response planning, and privacy compliance support. Participants will not handle active cyberattacks.

The initiative builds on Catalyst’s existing clinic and will help institutions establish their own programs. It addresses two challenges simultaneously: giving emerging cybersecurity workers practical experience while helping organizations that may lack the resources to obtain professional advice and strengthen defences.

Want to know more? Check out the source code on BetaKit.

Ottawa Adds $500 Million to Regional AI Initiative

October 14, 2026 by Newsdesk

Ottawa is adding $500 million over five years to its Regional Artificial Intelligence Initiative, bringing total program funding to $700 million. Announced October 13, the expansion supports AI adoption and commercialization through Canada’s seven regional development agencies. Priority sectors include health, energy, agriculture, transportation, manufacturing, and robotics. Application timelines vary by region.

The initiative aims to help businesses deploy AI while supporting Canadian companies developing the technology. For startups and established businesses, the funding offers another route to commercialize products, improve operations, and retain more of the talent, intellectual property, and economic benefits associated with Canada’s growing artificial intelligence sector.

Want to know more? Check out the source code on BetaKit.

Manulife Launches Enterprise AI Platform

October 14, 2026 by Rob Lewis

Manulife has launched a proprietary enterprise AI platform designed to scale artificial intelligence across its global operations. The Toronto headquartered insurer says the platform provides a common foundation for development and governance, allowing teams to build solutions once and deploy them across markets.

The launch supports Manulife’s target of generating $1 billion in cumulative enterprise AI value by 2027 through expense reductions, revenue growth, fraud reduction, and other benefits. Executives describe the move as a shift from individual applications toward shared capabilities. For financial services, the rollout illustrates how major institutions are embedding AI into operations beyond isolated experiments and pilots.

Want to know more? Check out the source code on Fintech.ca.

Promise Robotics Lands U.S. Homebuilding Deal

October 13, 2026 by Newsdesk

Toronto’s Promise Robotics has landed its first U.S. customer: D.R. Horton, America’s largest homebuilder by volume. A multi-year agreement will support production of more than 1,250 homes in the Phoenix area using the Canadian startup’s AI-powered robotics and factory services.

Promise plans to open a 16,000-square-foot Phoenix facility, with manufacturing expected to begin in early 2027. It will be the company’s third factory, following Calgary and Edmonton. Its platform connects home designs, robotic manufacturing and installation, aiming to help builders deliver homes faster and more affordably. The agreement marks a commercial milestone as Promise expands beyond the Canadian housing market.

Want to know more? Check out the source code on BetaKit.

Lightspeed Restructuring Affects 250 Roles

October 13, 2026 by Newsdesk

Montréal’s Lightspeed Commerce has confirmed a restructuring affecting 250 roles, including layoffs and vacant positions being eliminated. The company has not disclosed how many employees lost their jobs. It says the changes support profitability and continued investment in products and customers.

The commerce software provider is concentrating on North American retail and European hospitality under a transformation plan. The latest changes follow approximately 100 job cuts earlier this year and the divestiture of a U.S. hospitality business unit. Lightspeed says it will provide further details when it reports fiscal second-quarter results on November 5, as its push for efficiency continues.

Want to know more? Check out the source code on BetaKit.

Dominion Plans Canadian Production of Ukrainian Ground Vehicles

October 13, 2026 by Newsdesk

Ottawa’s Dominion Dynamics has signed a memorandum of understanding with Ukrainian defence technology company Tencore to manufacture uncrewed ground vehicles in Canada. The partnership would combine Tencore’s TerMIT platform with Dominion’s AuraNet command-and-control system for deployment in Ukraine.

TerMIT vehicles can support logistics, evacuation and other military missions without personnel aboard. Initial Canadian production is planned for 2027, following technology transfer and technician training, while a definitive agreement remains under negotiation. Dominion also aims to develop an Arctic-ready version for Canadian operations and exports to NATO allies. The initiative would expand Canada’s role in manufacturing defence technology developed in Ukraine.

Want to know more? Check out the source code on BetaKit.

TD Expands AI Across Mortgage Workflows

October 13, 2026 by Newsdesk

TD Bank Group is expanding its use of agentic artificial intelligence across the mortgage process, introducing capabilities developed by its in-house Layer 6 team. The tools coordinate document verification, connect information across systems and prepare outputs for employees to review.

The expansion builds on TD’s May launch of agentic AI for mortgage pre-adjudication, extending the technology into lending workflows. TD says the goal is to reduce repetitive administrative work so employees can focus on clients and complex decisions. Staff remain responsible for reviewing AI-generated outputs, positioning the systems as support for mortgage teams as the bank broadens its AI deployment.

Want to know more? Check out the source code on Fintech.ca.

Woveo and BDC Back Underserved Entrepreneurs

October 13, 2026 by Newsdesk

Calgary fintech Woveo is collaborating with the Business Development Bank of Canada on a $10-million micro-lending program for entrepreneurs underserved by conventional financing. The initiative offers loans of up to $25,000, aiming to make early business funding more accessible across Canada.

Woveo combines cash-flow intelligence, credit information, AI-assisted underwriting and community accountability to assess borrowers. Co-founder Jonah Chininga says traditional lending systems often overlook entrepreneurs’ experience and potential. The company reports facilitating more than 1,200 loans through its programs, with a 98% repayment rate. Its BDC collaboration aims to help founders access financing and build pathways into mainstream financial services.

Want to know more? Check out the source code on Fintech.ca.

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