Canada has maintained an unemployment rate of 5.5% for the third consecutive month, according to a report by Statistics Canada.
According to a Scotiabank survey, which involved nearly 1,700 Canadian small businesses with annual revenues ranging from $50,000 to $5 million, approximately two-thirds (66%) of respondents expressed very positive sentiments about the future of their businesses.
Canada has introduced a humanitarian immigration route to facilitate Colombians, Haitians, and Venezuelans already residing in Central or South America or the Caribbean with family ties in Canada.
Canadian startups faced challenges in the third quarter (Q3) of the year, with the popularity of artificial intelligence (AI) not making a significant difference.
Canada has taken a significant step in collaborating with global partners to enhance the security, resilience, and innovation of telecommunications networks.
Alberta Innovates has introduced a new program with a budget of $8 million, which aims to showcase practical applications of artificial intelligence (AI) within the healthcare system.
Captain AI, a restaurant logistics startup, has secured $2.1 million in seed funding to expand its presence in Canada and the United States (US).
New research indicates that Canada’s startup visa policy is attracting immigrants and international students away from the United States, further emphasizing the attractiveness of Canada as a destination for entrepreneurs and foreign talent. The study conducted by Saerom Lee and Britta Glennon from the Wharton School at the University of Pennsylvania reveals that Canada’s Startup Visa Program, introduced in 2013, has had a significant impact on the decision-making of immigrants based in the U.S.
Canada Has Been Ranked as the Most Alluring Destination for Immigrant Entrepreneurs in the Year 2023
Canada has been recognized as the most appealing destination for immigrant entrepreneurs and startup founders in 2023, according to the Organization for Economic Cooperation and Development (OECD).
Canada is eager to play a more active role in the commercial space launch industry rather than simply observing from the sidelines.