With access to Canadian news being negatively impacted by Meta’s new policy, preventing Canadian news outlets from sharing their content on Facebook and Instagram, we’ve rounded up some of the latest in Canadian tech & innovation news that we want you to see. We’ll be adding to this list regularly, so check back often. Share your Canadian tech & innovation news with us at marketing@wetech-alliance.com.

Entrepreneurs see opportunity in city-building
Excerpt via The Peak | August 28, 2023
Ever played SimCity and thought it might be fun to try your hand at creating a city from scratch in real life? You aren’t alone: A growing cohort of entrepreneurs backed by deep-pocketed financiers are giving it a whirl.
Driving the news: A company backed by a who’s who of the tech world has spent US$800 million buying up tens of thousands of acres of land as part of a plan to build a new city in California, per an investigation by The New York Times.
Why it’s happening: Soaring housing prices are colliding with growing interest in walkable communities that are less car-dependent than the typical suburban development. […]

Ontario Government, Rogers Invest Combined $8.8 Million for Province-Wide Cybersecurity Initiative
Excerpt via betakit | August 29, 2023
The Government of Ontario and Rogers Communications are making a combined $8.8-million investment to launch the Ontario Cybersecurity Excellence Initiative (OCEI), which is meant to drive the province’s competitiveness in cybersecurity and help industries adopt cybersecurity technologies.
Canadian Cyber Threat Exchange (CCTX) (a private non-profit organization), and Toronto Metropolitan University (TMU)’s Rogers Cybersecure Catalyst will be leading those efforts for OCEI. The initiative is enabled by the investment from the Ontario government and Rogers, combined with other in-kind contributions that brings the total to $10 million over three years. […]

Seven Canadian Tech Founders Dish about their Journey Running a Startup
Excerpt via betakit | August 30, 2023
The first half of 2023 has been tough for entrepreneurs. Inflation has kept costs high and profits low, and investors have mostly kept their chequebooks closed. But in uncertain times, founders can lean on each other for wisdom and inspiration. It’s the type of support that makes one of the toughest jobs in the world a lot more fun.
We talked to a diverse group of Canadian tech founders about what motivates them during tough times and the importance of learning from their customers and peers. […]

Will the power of data in the AI era leave startups at a disadvantage
Excerpt via TechCrunch | August 31, 2023
IIf you read any news about business, technology or startups today, you’re almost certain to find at least one mention of AI. And with good reason: Tech is on the hunt for its next growth vector.
Over the years, we’ve seen lots of interesting technologies strive for that mantle. From blockchain-based technology, to AR and VR for both consumer and enterprise applications, to creator-focused platforms, the list is long indeed.
Most of those technologies, however, lost much of their luster when it became clear that it would take much longer than many expected for them to reach mass adoption. In some cases, the technology was not ready for everyday use, or it wasn’t as applicable for corporate or consumer usage as everyone thought. In many cases, they were simply too unwieldy to implement. […]