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Posted in: Government Incentives

Insights StartupSource
Canadian Government Launches Innovation Superclusters Initiative Application Process Jun 06, 2017 StartupSource has previously covered the federal government’s Innovation Superclusters Initiative, which promised to inject $950 million into developing innovation “superclusters.” The government defines “superclusters” as geographical regions containing strong industrial clusters, or clusters th...

Posted in: Government Incentives

Insights StartupSource
Ontario Launches Program Aimed at Increasing Competitiveness of Home-Grown Talent May 25, 2017 Previously, StartupSource has covered the Government of Canada’s Global Skills Strategy, aimed at streamlining and accelerating access to global talent. Now the Ontario provincial government is following the federal government’s lead by helping accelerate the development of high-growth Canadian c...

Posted in: StartupSource Categories | Practical Tips

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Dealing with the Difficult Employee By Lorenzo Lisi May 18, 2017 All organizations have to deal with the “difficult” employee. With enough knowledge of the law to be dangerous, this employee seems to know all the right buttons to push and takes up a considerable amount of time and resources to manage. This article provides some important tips to remember on ho...

Posted in: News | StartupSource Categories

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A “Trump Dividend” for Canadian Tech? May 11, 2017 We’ve written in this space about the potential implications of a Trump presidency for Canada’s startup ecosystem. With Trump’s first 100 days in the rear-view mirror, a recent New York Times article reviews some of those implications and forecasts a “Trump Dividend” for Canadian artificial intel...

Posted in: StartupSource Categories | Funding | Angel Investors

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Canada’s First AngelList Seed Round Closes Apr 27, 2017 We have previously covered the Ontario Securities Commission’s support of AngelList, a well-known investment platform. The OSC granted exemptive relief to AngelList, allowing its syndicated investment model to be used for investments into Canadian startups. Since then, the Canadian Securities Adm...

Posted in: Articles | Anti-Spam

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Another Reminder to Comply with CASL: The CRTC Imposes $15,000 Penalty for Non-Compliance Apr 20, 2017 Canada’s Anti-Spam Legislation (“CASL”) creates a comprehensive regime designed to prohibit, among other things, unsolicited or misleading commercial electronic messages (including emails). As previously reported on The Spotlight, on July 1, 2017, CASL will introduce a new ...

Posted in: News

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Google Invests in Canadian Artificial Intelligence Talent Apr 05, 2017 Last week, Google announced the opening of a new artificial intelligence lab in Toronto. Concurrently, it announced an investment into the Vector Institute, a public-private institute affiliated with the University of Toronto whose goal is to develop and commercialize both AI talent and new conce...

Posted in: News

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2017 Federal Budget Supports Innovation Economy Mar 28, 2017 On March 22nd, the Canadian government unveiled its national budget for 2017. Billed as the "innovation budget," the budget is part of the federal government's Innovation and Skills Plan, a strategy for supporting startups and growth companies across the nation's manufacturing, agri-food, cleante...

Posted in: Startup Event

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Complimentary Webinar - Women in Business: Creating a Network of Allies Mar 20, 2017 Approximately 16% of small and medium enterprises in Canada are majority-owned by female entrepreneurs, and approximately 20% are equal partnerships between male and female owners. In our first Women in Business webinar, our panel will discuss some of the unique challenges faced by women in the b...

Posted in: News

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Global Skills Strategy Launches in June Mar 14, 2017 StartupSource has covered the Government of Canada's Global Skills Strategy in this space. The Global Skills Strategy is an initiative designed to help high-growth Canadian companies attract specialized global talent by providing a faster and more predictable streamlined service.The Government ha...

Posted in: News

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New Canadian Business Growth Fund Mar 10, 2017 Startups and growth companies have a new ally in the push for long-term success: the recently-announced Canadian Business Growth Fund. The fund's mandate is to make investments in small and medium-sized Canadian companies "seeking long-term, patient minority capital."Initial participants include ...

Posted in: Articles

Insights StartupSource
Voting Trusts: Think Ahead Mar 02, 2017 In the early stages of a startup, founders often issue equity to friends, family members and other investors to acquire initial working capital and to engage key employees at a low-cost basis.When issuing equity in the early stages of a startup, it is important for founders to consider issues tha...

Posted in: News

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Harsh Words for Canadian Tax Treatment of Stock Options Feb 10, 2017 The Globe and Mail recently published a provocative article on the tax treatment of stock options in Canada. In this opinion piece, Anthony Mouchantaf, the co-founder and president of Toronto startup Rthm Technologies Inc., argues that Canada's tax regime for stock options is outdated and works a...

Posted in: Articles

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So Many Options: An Overview of Equity Compensation and Incentives Feb 10, 2017 This article examines common forms of equity compensation, specifically option plans, restricted share unit ("RSU") plans and deferred share unit ("DSU") plans. These plans use a company's equity to compensate and incentivize employees. Each type of plan involves the issuance of new shares or the...

Posted in: News

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Incubating Canada's Next Fashion Leaders Feb 07, 2017 From being an active participant in Startup Fashion Week, we have gotten to know many of Ontario's fashion innovators. We are consistently blown away by the breadth of their talent and creativity.The Joe Fresh Centre for Fashion Innovation at Ryerson University's Fashion Zone is now accepting app...

Posted in: Startup Event

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Recap of Top 10 Intellectual Property Mistakes Feb 01, 2017 On January 26, Aird & Berlis LLP's Startups Team hosted a panel of intellectual property experts who examined the top ten most common intellectual property mistakes made by startups. The panel consisted of Tim Lowman and Ken Clark from Aird & Berlis LLP and Kitt Sinden from Aird & McB...

Posted in: News

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An Open Letter from Canadian Tech Jan 31, 2017 In response to recent world events, over 2,000 members of the Canadian tech community - and counting - have published an open letter voicing support for more inclusive immigration policies. Its signatories "stand directly opposed to any and all laws that undermine or attack inclusion, and call on...

Posted in: News

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York Entrepreneurship Development Institute Taking Applications Jan 24, 2017 The York Entrepreneurship Development Institute ("YEDI"), an incubator and accelerator associated with York University, is now taking applications from early-stage startups for its four-month program. YEDI offers a number of program streams for various types of startups, including an "Internation...

Posted in: News

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Cybersecurity - Ontario's Next Big Startup Cluster? Jan 19, 2017 A recent report from Deloitte, commissioned by the Ontario Centres of Excellence (OCE) and the Toronto Financial Services Alliance (TFSA), suggests that Southern Ontario is perfectly positioned to become a global hub for cybersecurity startups.The current market for cybersecurity products is esti...

Posted in: Uncategorized

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How Startups Can Navigate Mobile Payment Regulation Jan 03, 2017 In Canada, there is no single regulator that sets standards for mobile payments - the sector is governed by a patchwork of legislation. Navigating the regulatory landscape can be confusing, particularly since some rules apply to banks but not startups and other FinTech companies.That said, it's n...

Posted in: News

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British Regulator Launches "Innovation Link" to Advise New Entrants and Startups Dec 28, 2016 In early December 2016, the United Kingdom's Office of Gas and Electricity Markets (OFGEM) announced the launch of its "Innovation Link." This is described as "a 'one stop shop' offering support on energy regulation to businesses looking to introduce innovative or significantly different proposit...

Posted in: News

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Canadian Government Refining its Global Skills Strategy Dec 23, 2016 We've recently written about the importance of Canada's mobility policy to the pace of innovation and the competitiveness of the startup sector.An important new plank in this policy is the Global Skills Strategy. This initiative will: Establish an ambitious two-week standard for processing visas ...

Posted in: Uncategorized

Insights StartupSource
StartupSource's 2016 Clawbies Nominations Dec 22, 2016 StartupSource is pleased to nominate the following three blogs for the 2016 Canadian Law Blog Awards:Michael Geist BlogThe always opinionated Michael Geist, professor of law at the University of Ottawa, Faculty of Law, Common Law Section, provides some of the best content of any Canadian legal bl...

Posted in: Startup Event

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Top 10 Intellectual Property Mistakes - January 26, 2017 Dec 12, 2016 Join our panel of experts as we examine the top ten most common intellectual property mistakes which leave innovators and business owners unable to reap their hard-earned rewards to their full potential.Gain practical and strategic advice from IP and legal professionals on the pitfalls of not hav...
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