CFOtech Canada - Technology news for CFOs & financial decision-makers
Canada

Canada Stories - Page 3

Canadian Stories

Canada stories

Canada sells retired Hercules planes for wildfire use
Sustainability

Canada sells retired Hercules planes for wildfire use

As wildfires intensify, 10 retired Hercules aircraft will be converted into aerial tankers, boosting Canada's firefighting fleet and aerospace jobs.

By Jake MacAndrew • 3 min read • This month
Wagepoint adds AI payroll tool to flag unusual changes
Software-as-a-Service

Wagepoint adds AI payroll tool to flag unusual changes

Wagepoint has added an AI payroll review tool that flags unusual changes for Canadian small businesses and accountants before approval.

By Joseph Gabriel Lagonsin • 4 min read • This month
Multihexa College expands tech training with IBM, Cisco
Data Analytics

Multihexa College expands tech training with IBM, Cisco

Students at the Canadian college will gain industry-recognised certifications as employers increasingly demand verified IT skills over formal study alone.

By Mark Tarre • 4 min read • This month
Linux Association of Canada unveils Open Source Week 2027
Digital Transformation

Linux Association of Canada unveils Open Source Week 2027

Early momentum is prompting a broader push to bring more Canadians into open source, with 31,000 visits and 1,181 library entries.

By Sean Mitchell • 4 min read • This month
Canadian SMEs boost AI spend as productivity woes bite
Software-as-a-Service

Canadian SMEs boost AI spend as productivity woes bite

Productivity pressures are forcing Canadian SMEs to pair cautious hiring with heavier AI spending, even as optimism about growth stays firm.

By Mark Tarre • 3 min read • This month
RBC & BMO sell Moneris to Francisco Partners for USD $2bn
Fintech

RBC & BMO sell Moneris to Francisco Partners for USD $2bn

The sale hands one of Canada's biggest merchant payment networks to a technology investor, while preserving referral ties with the two banks.

By Karen Joy Bacudo • 3 min read • This month
Digital wallets gain ground in Canada, but cards lead
Digital Transformation

Digital wallets gain ground in Canada, but cards lead

Cards still dominate Canadian spending, but digital wallets now capture nearly a third of online transactions and are set to keep rising.

By Karen Joy Bacudo • 3 min read • This month
Real-time rail payments bring Canada into hold-free economy
Fintech

Real-time rail payments bring Canada into hold-free economy

Consumers and businesses will be able to move money in seconds outside banking hours when Payments Canada launches the RTR next quarter.

By Jake MacAndrew • 4 min read • This month
Tempel Canada to build CAD $132 million Burlington plant
Data centers

Tempel Canada to build CAD $132 million Burlington plant

The Burlington project is set to sustain more than 200 jobs and add nearly 100 more as demand for transformer equipment rises across North America.

By Joseph Gabriel Lagonsin • 5 min read • This month
Why disconnected data is quietly holding Canadian business back
Manufacturing

Why disconnected data is quietly holding Canadian business back

Disconnected systems are slowing decisions, masking costs and forcing Canadian firms to reconcile data manually before they can trust it.

By Dan Miller • 5 min read • This month

Global Stories

Canada stories

Francisco Partners to buy Moneris for CAD $2 billion
Digital Transformation

Francisco Partners to buy Moneris for CAD $2 billion

Moneris will keep access to BMO and RBC clients after the sale, with exclusive referral deals preserving bank ties as ownership shifts.

By Jake MacAndrew • 3 min read • This month
Tenet launches Cubeler Business Hub in US for SMEs
Software-as-a-Service

Tenet launches Cubeler Business Hub in US for SMEs

US small businesses can now access grant matching and trading links as Tenet rolls out Cubeler Business Hub beyond its Canadian base.

By Karen Joy Bacudo • 3 min read • This month
Eflow grows North American client base 75% on AI push
Software-as-a-Service

Eflow grows North American client base 75% on AI push

Stricter scrutiny of trading activity is driving demand for surveillance tools, helping Eflow add 20 client relationships in North America this year.

By Karen Joy Bacudo • 3 min read • This month
Spotify adds audiobook playlists & conversational search
Artificial Intelligence

Spotify adds audiobook playlists & conversational search

Audiobook listeners in seven markets can now ask Spotify for playlists and next-in-series picks, reducing search time between titles.

By Mark Tarre • 4 min read • This month
Most firms delay AI projects amid governance fears
Private Cloud

Most firms delay AI projects amid governance fears

Governance and infrastructure problems have forced 95% of enterprises to delay or scrap AI projects, according to a new Cloudera survey.

By Sean Mitchell • 4 min read • This month
Cloudera survey finds AI projects hit governance strain
Data Protection

Cloudera survey finds AI projects hit governance strain

Governance and infrastructure are blocking AI scale-ups, with 95% of enterprises delaying or cancelling projects, Cloudera said.

By Mark Tarre • 4 min read • This month

Stories from Other Regions

Canada stories

Adyen expands Toast payments tie-up into US market
Software-as-a-Service

Adyen expands Toast payments tie-up into US market

Toast will use Adyen's payments system in the US as the restaurant software group seeks faster settlement and broader merchant services.

By Karen Joy Bacudo • 4 min read • This month