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Canadian Tech in 100 Words

Clio Targets Big Law with Enterprise Suite

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Canadian legaltech pioneer Clio has launched Clio for Enterprise, a new division aimed at the world’s largest law firms and corporate legal departments. The suite—featuring Clio Operate, Vincent by Clio, Clio Library, and Clio Docket—expands the company’s platform beyond small and mid-sized firms.

CEO Jack Newton said the launch reflects years of investment and a clear vision for legal innovation. Vincent, Clio’s AI engine, now used by eight of the ten largest global firms, delivers a 3.7x accuracy boost and 38% productivity lift. New tools enable custom AI workflows, advanced drafting, and integrated court tracking.

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

LinkedIn Ranks Canada’s Fastest-Rising Young Firms

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LinkedIn has revealed Canada’s Top Startups of 2025, spotlighting young companies “shaping the future of their industries.” The annual ranking, now in its eighth year, highlights firms no older than five years with at least 30 employees. Toronto’s AI-powered mortgage platform Pine claimed the top spot, followed by Vancouver’s Hiive and Montreal-based Manmade.

Other notable entrants include Vosyn, Motion, Beautifi, PostGrid, and Quandri. LinkedIn based its analysis on employee growth, talent attraction, and jobseeker interest. The platform notes that AI advances have lowered barriers to entrepreneurship, fueling Canada’s next generation of innovators.

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

Alexi Validated as Legal AI Leader in Global Report

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Toronto-based legal intelligence firm Alexi has been independently validated in the 2025 Vals Legal AI Report (VLAIR), one of the world’s most rigorous tests of legal artificial intelligence. The study confirmed Alexi’s strengths in accuracy, authoritative citations, and reliability—key amid a 250% global surge in AI-related legal errors.

Alexi scored 80% accuracy versus a 71% lawyer baseline, and tied for top ranking on single-jurisdiction reasoning. It was also 8% more likely than ChatGPT to cite valid law while responding faster and more consistently. CEO Mark Doble said the findings “cement Alexi’s role in defining the next generation of legal work.”

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

Financeit Fills Gap After Greener Homes Loan Ends

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After Ottawa abruptly ended the federal Greener Homes Loan program this summer, thousands of Canadians were left without affordable financing for home upgrades. Toronto fintech Financeit swiftly responded with a national Dealer Support Program to fill the gap. CEO Casper Wong said the initiative offers faster approvals, broader eligibility, and loans up to $100,000 — far exceeding the former program’s $40,000 limit.

Financeit’s digital platform connects 14,000 dealers with homeowners, enabling transparent, flexible financing for renovations, energy retrofits, and emerging technologies such as solar and EV charging. With $6.8 billion in loans funded, Financeit continues to anchor Canada’s home-improvement fintech sector.

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

Bell Bets Big on AI with $1.5 Billion Target

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Bell Canada plans to double revenue from its artificial intelligence tools and services to $1.5 billion by 2028, according to Chief Financial Officer Curtis Millen. The telecom giant’s AI division—projected to earn $700 million in 2025—leases space in new data centres, provides cybersecurity, and manages enterprise systems through its Ateko arm.

Six centres under construction in B.C. will cost $300 million and generate up to $150 million annually. Bell’s partnership with Cohere positions it as Canada’s largest commercial AI customer, while collaborations with Groq and Buzz HPC supply computing power. Despite bold targets, AI will remain a modest share of Bell’s $27.8 billion forecast revenue.

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

Deep Sky Picks Manitoba for Next Carbon Removal Plant

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Montreal-based carbon removal developer Deep Sky has chosen Southwestern Manitoba for its next commercial facility, following the launch of its $40-million Alpha carbon removal centre in Alberta this summer. Supported by Bill Gates’ Breakthrough Energy Catalyst, Alpha became the world’s first carbon removal innovation hub, capable of testing up to ten direct-air-capture systems under identical conditions.

Deep Sky CEO Alex Petre called Manitoba’s geology and clean energy “ideal for storing CO₂ safely and effectively.” Construction of the multi-phase project begins in 2026, with the province calling it “a new frontier in industrial innovation.”

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

Calgary’s Serenity Power Wins $100K Firehood Prize

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Calgary-based clean energy startup Serenity Power has secured $100,000 from investors at The Firehood after winning the Elevate Women+ Pitch Prize in Toronto. Founded by University of Toronto Engineering graduates, the company develops solid oxide fuel cell technology that transforms diesel and other fuels into clean electricity, cutting emissions in sectors such as mining, oil and gas, and data centres.

The Elevate win follows Serenity Power’s $100,000 prize at Montréal’s Startupfest in July. Selected from 40 women-led startups, Serenity Power was among 12 finalists pitching at Elevate Festival, which celebrated Canada’s growing innovation ecosystem.

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

AltFee Expands to APAC with Clio Integration

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Vancouver-based AltFee has announced a major milestone with the launch of its integration on Clio’s Asia-Pacific servers, expanding access to value-based pricing for Australian law firms. The integration allows firms to connect AltFee and Clio seamlessly, improving management of fixed-fee matters.

According to Clio’s 2025 Legal Trends Report, 64% of mid-sized firms now use flat fees while 27% explore subscription models. AltFee’s new Matter Analytics offers real-time profitability insight and effective hourly rate tracking. Clio’s Denise Farmer said the integration supports growing demand for transparency. CEO Scott Leigh called it a “critical inflection point” for legal pricing evolution.

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

1Password Founders Cash Out Ahead of Planned IPO

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Toronto-based cybersecurity firm 1Password has raised US$100 million in a secondary sale, including a US$75 million stake sold by its founders to Halo Fund, co-founded by Ryan Smith, owner of the Utah Jazz and NHL’s Utah Mammoth, and Accel partner Ryan Sweeney. Other investors include Flume Ventures.

CEO David Faugno said the transaction provides “founder liquidity” while keeping the company’s IPO plans intact. 1Password, valued at over US$6.8 billion in its last funding round, was preparing to go public in 2024 but has opted for secondary share sales amid a sluggish market. Former CEO Jeff Shiner now serves as executive chair.

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

OpenAI Eyes Canadian Expansion, Meets with AI Minister

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OpenAI is exploring a stronger presence in Canada, including potential offices and data centre investments, according to global affairs chief Chris Lehane. Speaking at Elevate Festival in Toronto, Lehane confirmed the company met this week with AI Minister Evan Solomon and industry leaders to discuss Canada’s sovereign AI ambitions.

Lehane said Canada’s “strong AI talent, energy access, and capital” make it an ideal partner for OpenAI. The U.S.-based firm, which already collaborates with Shopify and has new partnerships with Creative Destruction Lab and the Vancouver Board of Trade, is “listening and learning” as it considers deeper Canadian engagement.

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