Category Archives: Companies

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FedDev Ontario invests $17 million in 12 companies to advance quantum computing

Today, the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) announced a total repayable investment of C$17.2 million to help 12 local companies commercialize their quantum products for the domestic and international markets and support 150 jobs. These 12 companies include AI Incorporated, CogniFrame, Crypto4A, Foqus Technologies, Foreqast Technologies, GoodLabs Studio, High Q Technologies, […]

OpenText sustainability report cites challenges IT departments face

A new report commissioned by OpenText, released yesterday, indicates that IT departments are playing a major role in achieving corporate sustainability objectives, but concludes a lack of innovative tools and expertise are primary roadblocks to allowing them to meet their goals. The 2023 State of IT Sustainability Report, conducted by Dimensional Research, found that while […]

Hiring to continue in Canada despite challenges: Robert Half study

Over 50 per cent of Canadian technology managers plan to hire in the first half of 2024 despite persisting challenges to find skilled talent, a new study by hiring platform Robert Half reveals. Respondents included executives, senior managers and workers from small (20-249 employees), medium (250-499 employees) and large (500+ employees) businesses in private, publicly […]

Bell, Rogers and Telus state their conditions as CRTC considers expanding wholesale internet mandate

Last week, the Canadian Radio-Television Telecommunications Commission (CRTC) kicked off a series of public hearings as part of a proceeding to examine its existing framework for wholesale high-speed access (HSA), inviting interventions from large telcos, and smaller competitors, as well as advocacy groups. The proceeding, launched last year, saw a series of developments, including an […]

Coffee Briefing Feb. 20 – Google Cloud stops charging customers for moving to another cloud provider; Thomson Reuters launches AI legal assistant in Canada; HP announces Digital Equity Accelerator program; and more

Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team!  Missed the last Coffee Briefing? We’ve got you covered. Google Cloud stops charging departing customers for data transfer Source: Google cloud Google Cloud has announced that it will no longer charge customers […]

Breaking news: Cisco to cut roughly 4,250 from its payroll

Cisco late this afternoon released its second quarter results, as well as announcing a reduction of its payroll by five per cent, which in terms of head count means an estimated 4,250  employees will be receiving termination notices. According to a Reuters report, the company “lowered its annual revenue target as (it) navigates a tough […]

EY Canada, Microsoft launch climate stress testing initiative for FIs

Consulting and accounting firm EY Canada today launched the EY Climate Stress Testing and Scenario Analysis solution, a service running on Microsoft Azure which it said is designed to help safeguard Canada’s financial sector against the impacts of climate change. Mario Schlener, EY Canada risk consulting leader, said a key reason for the system’s development […]