Following ample speculation, Vancouver’s WonderFi formally announced an intention to acquire rivals Coinsquare and CoinSmart in April. Coinsquare had previously announced plans to acquire CoinSmart for $29 million in cash and shares in 2022, but backed out in January prompting CoinSmart to commence legal proceedings. From the sidelines, WonderFi spotted an opportunity to bring three […]
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Government and University Push for Creative Tech Skills in BC
Following the highest tech jobs growth in North America, the Vancouver region saw a lot of layoffs in tech last year. Combined with a Pandemic-fuelled shift to hybrid work, the city is still in a state of flux. Moving forward, though, we know that demand for tech skills remains, especially around coveted roles. There is momentum to be maintained. The province […]
Dialog: Revolutionizing Diamond Retail with a Subscription Service for Independent Jewelers
Engagement ring spending in the USA rose 9.2% in 2022 over 2021, according to the latest data from The Wedding Report, and another 2 million plus weddings are planned for 2023. So there are going to be lots of young couples walking into jewelry stores, with that gleam in their eyes, ready to buy. But […]
BCIT Students Propose AI Solution to Help Clean Up YVR
Modern airports are known for their extensive camera surveillance, rivalling gambling casinos in their quest for complete security coverage. In the digital era, cameras and surveillance are both increasing, including at airports—Air Canada this year deployed facial recognition at YVR, for example. “Many of our customers already utilize digital credentials to simplify their daily activities,” […]
Canadian Coast Guard to Manage Water Vessels in BC Using Victoria Tech
A Victoria technology upstart is making waves as it arms the Canadian Coast Guard with innovative technology designed to track and monitor the issue of abandoned boats across British Columbia waters. Barnacle Systems has developed a solution, “Rapid Deploy” devices, to combat this rising environmental and navigational hazard. These devices, positioned on identified vessels, grant […]
Moment Energy Teams Up in Saskatchewan to Revolutionize Energy Industry
This year’s BC Cleantech Awards Startup of the Year has announced a new partnership that will bring tremendous value to the energy industry in Saskatchewan, integrating the region’s clean energy initiatives with cutting-edge second-life energy storage. Vancouver’s Moment Energy is a pioneer in commercial second-life energy storage solutions and with this partnership Saskatchewan Renewable Energy Solutions (SRES) […]
Cheryl Maitland Muir Joins DIGITAL as VP of Communications and Public Affairs
Vancouver’s Cheryl Maitland Muir is joining DIGITAL, Canada’s Global Innovation Cluster, as the new Vice President of Communications and Public Affairs. The appointment will allow DIGITAL to leverage Cheryl’s expertise to drive forward their mission while creating value for their stakeholders. Cheryl brings a wealth of experience to the role, having previously served as Senior […]
Canada’s Construction Industry Embraces Mass Timber
Being energy-efficient, having inherent fire resistance, and with an ability to sequester carbon dioxide, mass timber has revolutionized Canada’s construction industry. Mass timber will help shape the future of low-carbon construction while helping to develop and strengthen Canada’s bioeconomy by using innovative products and designs to build a more sustainable building sector. This week, Taleeb Noormohamed, Member of Parliament […]
Momentum Continues as infinitii Uses AI to Advance Water Management in Canada
Last year, Techcouver reported on the niche “water tech” market in British Columbia. Invest Vancouver believes water tech “provides an untapped economic opportunity for the Metro Vancouver region,” serving a multi-billion dollar global market. The organization’s 2022 report, “Water Tech: The Metro Vancouver Region’s Untapped Clean Tech Opportunity,” provided BC with an overview of the region’s […]
Rivian to Launch Innovative Rivian Space Showroom at The Amazing Brentwood
Rivian will be opening its first Rivian Space showroom later this month at The Amazing Brentwood in Burnaby. In addition to having an R1 on display and demo drive availability, the Burnaby location will be a first to use augmented reality to provide customers with a look at any configurations they choose digitally. Rivian will […]