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Canadian Tech in 100 Words

Sage and AWS Advance AI for SMB Accounting

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Sage has announced new strides in its collaboration with Amazon Web Services, accelerating AI innovation for small and mid-sized businesses. By leveraging AWS tools like Bedrock and AI chips Trainium and Inferentia, Sage has deployed accounting-focused LLMs and SLMs to improve compliance, automate workflows, and enhance financial decision-making.

Key updates include Sage Copilot’s real-time assistance, AI-powered semantic search, and new models ensuring response accuracy. With domain-specific AI tuned to SMB needs, Sage is helping businesses access trusted insights faster and more intuitively. The partnership underlines a shared commitment to practical, secure, and responsible AI development in the financial space.

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

HR Leaders Brace for Massive AI-Driven Redeployment

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Salesforce’s latest study reveals that HR leaders anticipate a 327% increase in AI agent adoption by 2027, with 23% of workers expected to be redeployed as digital labor transforms the workplace. The global survey of 200 CHROs highlights plans to reskill 81% of employees for roles better suited to an AI-powered economy.

While just 15% of companies have fully implemented agentic AI, HR leaders expect major productivity gains and cost savings. Soft skills and AI literacy will become increasingly vital, with HR leaders forecasting a hybrid future where human employees and digital agents collaborate across all sectors.

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

Calgary Lands Canada’s First XPRIZE Hub

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Calgary has been named home to Canada’s first XPRIZE Hub, hosted by the University of Calgary and supported by a $1.5 million investment from the Opportunity Calgary Investment Fund. The hub will serve as a national innovation centre aligned with global counterparts in Glasgow and Geneva.

XPRIZE, renowned for breakthrough competitions in space and climate, will use the Calgary hub to foster Canadian entrepreneurship, research, and collaboration. The four-year agreement aims to support startups, train innovators, and host global events—advancing Calgary’s role as Canada’s innovation capital and deepening its impact on the global stage.

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

AI-First Mandate Leads to Major Layoffs at OpenText

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Kitchener-Waterloo’s OpenText is eliminating 1,600 more jobs as part of its expanded global “business optimization plan,” citing a shift to AI-first operations. CEO Mark Barrenechea described AI adoption as a “baseline expectation,” stating that the company conducted a “deep analysis” of roles that could be replaced by machines.

The total net reduction now stands at 2,000 jobs. OpenText, which employs over 23,000 globally, plans to rehire 1,000 people into high-impact roles with AI capabilities. Executives claim the move will generate up to $550 million USD in annual savings. AI will now influence hiring, performance, and resource allocation decisions.

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

Unblocked Raises $27.5M to Clarify Complex Code

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Vancouver startup Unblocked has secured $27.5 million in Series A funding to advance its contextual code intelligence platform. The company, led by CEO Dennis Pilarinos, helps developers understand the history and intent behind complex codebases—addressing a widespread issue in modern software development.

Used by thousands of developers, Unblocked reduces time spent deciphering legacy code or sifting through outdated documentation. With demand rising alongside AI-generated code, the company plans to expand into AWS, GCP, and Datadog environments while strengthening core features and open-source partnerships. Unblocked was named one of B.C.’s top startups to watch in 2024.

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

Safe Software Ramps Up Hiring as Revenue Soars

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Surrey-based Safe Software is expanding rapidly amid surging demand for AI-integrated data tools. CEO Don Murray expects revenues to hit $112 million in 2024, up from $80 million last year. The company, which specializes in data integration and geospatial analytics, has grown from 244 to nearly 400 employees and plans to hire 100 more.

Safe Software’s tools help organizations link AI to internal systems and visualize information in augmented reality—for instance, overlaying pipe networks or service records in the real world. With rising interest in digital twins, especially among airport authorities, Safe’s geospatial focus is proving a key differentiator.

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

Freightera Marks 11 Years with Record Growth

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Vancouver-based Freightera is celebrating its 11th anniversary with record growth and profitability, bucking trends in a struggling logistics sector. In 2024, the online freight marketplace grew revenue by 31.4%, expanded its automated freight division by 35.8%, and increased EBITDA by 270%.

Freightera serves 25,000+ clients, offering fixed-price LTL and truckload booking with emissions tracking powered by SmartWay™ data. Over half its customers reduced freight emissions by more than 20%. With global expansion ahead and only $8 million raised to date, the climate-aligned firm is attracting investor attention.

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

Calgary Fintech Teams Up with TELUS for Fleet Overhaul

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Calgary-based fintech Fillip has partnered with TELUS to launch an integrated fleet management solution combining real-time vehicle insights with digital fuel payments. The partnership links Fillip’s Visa-powered app and universal fleet card—accepted at over 11,000 fuel stations—with TELUS’ Connected Fleet, Telematics & Asset tools.

The offering provides real-time expense tracking, fraud prevention, and vehicle performance monitoring. TELUS estimates businesses can save up to 10 hours monthly on administration and reduce annual costs by 5–10%. Available nationwide, the platform addresses a $53-billion market and offers enhanced control for Canada’s 2.8 million fleet vehicles.

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

Shakepay Joins Payments Canada to Boost Speed, Trust

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Montreal-based Shakepay has joined Payments Canada, advancing its status as a regulated financial entity in Canada. The cryptocurrency-focused fintech, which recently earned securities dealer recognition from the Canadian Investment Regulatory Organization, now gains the ability to apply for direct access to Canada’s core payment infrastructure.

CEO Jean Amiouny said the move will improve speed and efficiency for customers while reducing reliance on third-party systems. Shakepay serves over one million Canadians and offers Bitcoin rewards through its payments card. The company views upcoming Real-Time Rail infrastructure as transformative and is preparing accordingly.

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

Campus Buddy App Connects UCalgary Students

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James Mtendamema, a University of Calgary entrepreneur, has launched Campus Buddy, an app designed to centralize student life by connecting users to campus events, clubs, and a marketplace. Developed through UCalgary’s Hunter Hub programs like Tech Start and Launchpad, Campus Buddy aims to streamline engagement for students and provide businesses with a direct marketing channel.

Co-founded with Jennifer Igwe and Yang Liu, the app customizes feeds based on user interests. Now preparing for Web Summit 2025 in Vancouver, the team hopes to expand its reach.

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