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Canadian Tech in 100 Words

RBC Holds Its Place Among Banking’s AI Leaders

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Canada’s five largest banks appear in the 2026 Evident AI Index, with RBC maintaining a top-three position for the fifth consecutive edition. The ranking assesses 50 major global banks across innovation, talent, leadership and transparency. Evident says AI deployment accelerated to nearly three times its previous pace, even as JPMorganChase, Capital One and RBC retained their leadership positions.

Canadian institutions are also earning recognition for digital transformation and generative AI initiatives. RBC has established an internal AI group while pursuing quantum computing partnerships. The findings highlight Canadian banking’s continued presence in an increasingly competitive global race to deploy artificial intelligence.

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

AI Adoption Outpaces Business Guardrails

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Canadian law firm Prelia’s survey of 121 organizations reveals a gap between AI adoption and governance. Seventy-six percent reported approved AI use or pilots, but only 33% had written AI policies. Among organizations with fewer than 50 employees, policy adoption fell to 9%. Thirty percent estimated that AI saves each employee using it at least four hours weekly. Meanwhile, 41% said staff share confidential or potentially sensitive information with AI tools; nearly half of that group reported no clear sharing rules. The findings suggest productivity gains are arriving faster than the policies and training businesses need to manage AI use.

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

Showpass Commits Over $10M to Event Entrepreneurs

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Calgary’s Showpass has committed more than $10 million to Event Inkubator, an accelerator for independent event businesses ready to expand. Selected organizers can access financing through Showire, subject to approval, alongside event technology, dedicated support, executive meetups and a private peer community. The program targets businesses with proven audience demand that need resources for bigger acts, larger venues or new markets. Showpass says participants retain ownership of their businesses and audience relationships. Applications for the founding group close November 30, 2026, and are open to companies outside its existing customer base. Information sessions run October 29 and November 19 online.

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

Canadians Want Limits on Data Centres

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Canada’s data centre boom faces public resistance. An Angus Reid Institute survey finds 64% of Canadians favour provincial limits on large data centres, while 18% want governments to encourage development. Among those supporting limits, water consumption, electricity costs and benefits flowing to technology giants rank as prominent concerns. Supporters of expansion emphasize investment, competitiveness and jobs. The online survey covered 4,417 Canadian adults between September 8 and 16, with results weighted to reflect the population. For developers, the findings underline a challenge beyond securing power: explaining how projects will benefit host communities while addressing pressures on local resources and infrastructure.

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

Google Offers 100,000 Canadians AI Training

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Google is expanding free AI training in Canada with up to 100,000 scholarships distributed through YMCA Canada. The initiative covers Google AI Essentials and its AI Professional Certificate, representing a tenfold increase in previously pledged access. Google.org is also providing more than $2.7 million to the Canadian Chamber of Commerce for an AI Adoption Program targeting over 10,000 small and medium-sized businesses. Participants will receive support tailored to their readiness, from understanding AI to implementing it. Announced alongside Google’s 25th anniversary in Canada, the programs aim to help workers and employers translate growing interest in artificial intelligence into practical skills.

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

Semios Founder Turns to Stress Recovery

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Semios founder Michael Gilbert is building BaroShift, a Vancouver startup inspired by his recovery from a serious back injury. Its forearm wearable reads pulse intervals, while an app calibrates breathing exercises to each user’s baroreflex, a feedback loop involved in regulating heart rate and blood pressure.

Eight-minute daily sessions aim to train stress recovery, with scores tracking responses. The device does not measure blood pressure. Gilbert says Semios reached a $1-billion valuation before his departure. BaroShift is available as a general wellness product, with university studies underway to build evidence and discussions about clinical pilots marking its next development phase.

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

Google Unveils Universal Gemini Agent

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Google Cloud has introduced Gemini agent, a universal enterprise AI agent designed to handle knowledge work, coding, content creation, research, and business tasks from one interface. Available to Gemini Enterprise customers at no extra charge, the agent can plan work, access company systems, schedule tasks, operate across devices, and coordinate specialized sub-agents.

Gemini agent maintains persistent context and memory while supporting Google Workspace, Microsoft 365, Slack, command-line tools, and third-party applications. Google also added model flexibility, security controls, agent identities, audit trails, smart workload routing, and spending caps, positioning Gemini as an always-available digital coworker for enterprise teams.

Want to know more? Check out the source code here.

VIQ and AXL Crack Speaker Identification

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Ontario-based VIQ Solutions and Canadian venture studio AXL say they have achieved 97 to 99 percent accuracy in identifying speakers in multi-person transcripts, addressing a persistent problem known as diarization.

VIQ says existing speech engines still struggle with short utterances, similar voices, and overlapping speech, which can lead to words being assigned to the wrong person. Because multi-speaker recordings account for roughly 95 percent of VIQ’s speech output, the companies made diarization a priority. The new capability will enter pilot testing before a broader rollout, helping users review drafts faster with fewer speaker corrections and names automatically assigned more reliably.

Want to know more? Check out the source code here.

Canadian Payments Reach $12.9 Trillion

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Canadian retail payments totalled $12.9 trillion across 26.7 billion transactions in 2025, according to Payments Canada. Payment value rose 5.7% from 2024, while 52% of Canadians expressed interest in real-time payments. The findings arrive ahead of the planned fourth-quarter 2026 launch of Canada’s Real-Time Rail, supporting instant, data-rich domestic transfers around the clock.

Payment delays remain a significant challenge for 37% of small and medium-sized businesses. Credit and debit cards accounted for 68% of transaction volume, while electronic funds transfers represented 63% of value. Interest in AI-driven shopping was lower, with only 24% finding agentic commerce appealing, the research found.

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

Tydra Turns Food Waste Into Biomaterials

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Vancouver’s Tydra Labs is advancing plant-based chitin biomaterials toward pilot manufacturing with $600,000 from NorthX. Its flagship ingredient, TYDRA ONE, is cultivated from food streams and retains a hydrated, fibrous structure that can support thickening, emulsification and other functions. Cosmetics is the startup’s first target market, with potential applications in agriculture, packaging and biomedical products.

Co-founder Jaiya Varshney says commercialization also requires a deliberate intellectual property strategy. Working with Oyen Wiggs, Tydra is balancing patents, trade secrets and brand protection around its core platform. The company previously raised $1.2 million and is building manufacturing capabilities and customer relationships for expansion.

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