The company is expanding its presence in Canada by opening a new regional headquarters on Oct. 24 and hiring a Canadian sales team. It’s also partnering with Canadian firms such as Kelowna, B.C.-based digital marketing company GetintheLoop and the Canadian Franchise Association to extend availability of its products. (The Logic)
The U.S. regulators are probing whether the money manager misled investors about its financial position and broke the rules by failing to register with them, Bloomberg reported, citing two people familiar with the matter. (Bloomberg)
Innovation Minister François-Philippe Champagne announced Canada will supply three instruments and a satellite to gather data on aerosols, water vapour and clouds as part of the NASA-led Atmosphere Observing System (AOS). The first satellites in the program are due to go up in 2028, with the Canadian components to launch in 2031. (The Logic)
The Liberals’ Bill C-26 gives the industry minister almost unlimited authority to order telecom providers around and includes language so vague that “the full contours of the legislation cannot be assessed,” said an analysis by researcher Christopher Parsons at the University of Toronto’s Citizen Lab. (The Logic)
Bruce Croxon’s venture capital firm Round13 led the raise, which also included participation from existing investor ConsenSys, a major Ethereum software company based in New York City. In an interview with The Logic, ChainSafe co-founder and CEO Aidan Hyman said the funding will allow the company to put more resources into blockchain infrastructure development and strengthen its ties with the crypto community. (The Logic)
The number of carbon capture and storage (CCS) projects in development around the world has grown rapidly to 196—an increase of 44 per cent compared with last year, according to the Melbourne-based Global CCS Institute. Still, that buildout is equal to just one per cent of global emissions. (The Logic, Bloomberg)
Adcock was most recently vice-president of digital at Finning International, the publicly-traded Caterpillar dealer. She served as CTO for the City of Vancouver between 2016 and 2019. (The Logic)
“Engineering is a regulated profession for a reason,” the Association of Professional Engineers and Geoscientists of Alberta (APEGA) said in a statement late Friday. The group said software engineers handle sensitive products and should be accredited accordingly: “you do not want someone designing your pacemaker or self-driving car if they are not a licensed engineer,” APEGA’s CEO Jay Nagendran said. (The Logic)
At the five-year national congress of the Communist Party, the Chinese president said the country would seek “self-reliance and strength in science and technology,” including developing talent domestically and recruiting workers from abroad. (Reuters, The Wall Street Journal)
Flavelle, who is now CEO of Vancouver-based NFT studio Big Head Club, joins Dwayne “The Rock” Johnson, Charlize Theron, Meek Mill and Alicia Keys in being represented by the agency. (The Block)