Financial Support for Technology Companies in Canada: A Guide
In 2017, the Government of Canada launched a multi-year Innovation and Skills Plan aimed at substantially redesigning the innovation policy landscape in Canada. The Plan features an updated microeconomic framework for supporting innovation and novel initiatives throughout Canada.
Along with continued support for technology companies, the Federal Government has placed an emphasis on partnerships, collaboration and the development of innovation ecosystems. The government seeks to support firms irrespective of size and scope, thereby helping them to scale, grow and export. This guide highlights the most significant programs and opportunities available to investors and entrepreneurs. See the Appendices to this guide for a more complete list of programs.
To the benefit of businesses, the programs are complementary and not exclusive. As such, a company can receive support from multiple programs simultaneously or as needed as the company moves through its development, commercialization and marketing stages.
© 2019 Goodmans LLP
Expertise
Authors
Insights
-
Technology
U.S. Justice Department Files Antitrust Lawsuit Against Apple
On March 21, the U.S. Justice Department, in collaboration with 16 other state and district attorneys general, filed an antitrust lawsuit against Apple.The lawsuit alleges that Apple has engaged in… -
Technology
Spotify Tests Educational Content on Platform
Spotify, a music, podcast, and audiobook streaming platform, is now venturing into e-learning. The platform will be providing its users with video-based courses by partnering up with educational tech… -
Technology
TikTok: Time is Running Out
TikTok has exploded in popularity with 170 million users in the United States (“US”). For context, at least one in three Americans access the application, and according to a 2022 Pew Research Center… -
Technology
PocketHealth Secures $45M in Series B Funding: A Leap Forward in Medical Image Exchange
At its inception eight years ago, PocketHealth set a goal to build an easier way for patients and healthcare providers to access and share diagnostic images. Today, the Toronto-based start-up’s… -
Technology
Reddit Shares Surge on First Day as a Public Company
The social media giant, Reddit, has gone public by way of an initial public offering (IPO) in the United States.Reddit announced they would be offering 22,000,000 shares, with an initial share price… -
Technology
YouTube Launches YouTube Create to Help Combat the Growth of TikTok
YouTube, the world’s largest video-sharing platform, has just unveiled its latest feature: YouTube Create. This mobile app is designed to empower content creators by providing an intuitive and…
Featured Work
-
Mergers and Acquisitions
Apotex to acquire Searchlight Pharma
Goodmans LLP is acting for Apotex Inc. in connection with its acquisition of Searchlight Pharma Inc… -
Mergers and Acquisitions
FASHIONPHILE acquires Two Authenticators Business
Goodmans LLP acted for FASHIONPHILE, LLC in connection with its purchase of the assets of Two Authenticators Inc… -
Mergers and Acquisitions
Bazaarvoice Inc. acquires Granify Inc.
Goodmans acted for Bazaarvoice Inc., a leading platform for full-funnel authentic user-generated content and social commerce, in relation with it’s acquisition of Granify Inc., an e-commerce company… -
Mergers and Acquisitions
Bulloch Technologies, Inc. acquired by Dover
Goodmans acted for Bulloch Technologies, Inc. in connection with its acquisition by Dover. Specializing in point-of-sale forecourt controller and electronic payment server solutions for the… -
Mergers and Acquisitions
Minute Media acquires STN Video
Goodmans acted for Minute Media, a leading global technology and sports content company, in relation to its acquisition of STN Video, a North American industry leader in sports content distribution… -
Mergers and Acquisitions
FASHIONPHILE acquires LXRandCo, Inc. Business
Goodmans LLP acted for FASHIONPHILE, LLC in connection with its acquisition of the inventory, intellectual property assets, including domains, and other intangible assets of LXRandCO, Inc…
News & Events
-
Technology
Peter Ruby at OBA's ADR Strategies for Technology Disputes: Crafting Efficient Resolutions
Join Peter Ruby on May 23rd at 12:00 pm for the ADR Strategies for Technology Disputes: Crafting Efficient Resolutions, webinar at The Canadian Bar Association. Elevate your conflict… -
Banking and Financial Services
The Canadian Legal Lexpert Directory 2024 Continues to Recognize Goodmans
We are proud to announce Goodmans LLP has once again been recognized in the 2024 edition of The Canadian Legal Lexpert Directory.91 Goodmans lawyers have been recognized as top-tier in their… -
Banking and Financial Services
Chambers and Partners Continues to Honour Goodmans with Global Recognition
We are proud to announce Goodmans LLP has once again received top-tier recognition from Chambers and Partners in the Chambers Global 2024 Guide released today. Recognition from…