Digital initiatives could soon be hitting Ottawa’s streets with the goal of turning the capital into a “smart city,” according to a report going before the city’s Finance and Economic Development Committee next week.
Smart city strategies have been gaining momentum worldwide, says the report prepared by city staff, and Ottawa is well-suited to build on its existing infrastructure in developing a connected city.Read more
Amazon.com Inc. says its first fulfillment centre in Alberta will add 750 full-time jobs to its Canadian workforce.
The employees will pick, pack, and ship items ordered from the Seattle-based e-commerce giant.
The Calgary-area facility is Amazon's seventh fulfillment centre in Canada.Read more
Desjardins Group's innovative Desjardins Capital SME fund will support the growth of SMEs across Quebec
QUÉBEC CITY, Oct. 26, 2017 /CNW Telbec/ - "We've listened to our clients who want to diversify their investment portfolios. We've also listened to business leaders in Quebec who are looking for patient investors to ensure sustainability and ownership transfers, while protecting Quebec businesses," said Guy Cormier, President and CEO of Desjardins Group. "To meet these needs, two of our managers, Desjardins Private Wealth Management and Desjardins Capital, have joined forces to create the Desjardins Capital SME fund. Both partners are committed to an initial capitalization of at least $100 million/year. The new fund, which will be managed by Desjardins Capital, is just what our SMEs are asking for."Read more
Analysts from Macquarie bank have outlined 13 places where the world’s best and brightest tend to cluster.
Macquarie’s team referred to such regions as “brain belts” — areas which have developed into hubs which attract the smartest people to work in different areas of cutting edge technology.
The list is based on research in a 2016 book by Antoine van Agtmael and Fred Bakker called “The Smartest Places on Earth”.Read more
A town called Gemert in the Netherlands just became home to the first 3D-printed cycling bridge ever. It took its creators at Eindhoven University three months and 800 layers to complete the 26-foot-long bridge, but now it's open and ready to support hundreds of cyclists a day. The researchers had to develop a new 3D printing technique that uses steel reinforcement cables to create pre-stressed concrete. Once they were done laying out all its layers, they tested the bridge by placing a five-ton weight on top of it. Their efforts paid off: while they'll surely improve the method even more, they believe they're now capable of using the technique to build even bigger structures.Read more
Facebook announced the creation of an artificial intelligence (AI) research lab in Montréal and plans to hire about thirty scientists over time to do R&D in AI and in machine learning.
“Greater Montréal is an AI hub. The city has the highest concentration of researchers in the world and it’s home to the largest and most distinguished group of deep learning researchers,” said Hubert Bolduc, President and CEO of Montréal International. “It’s really no surprise to see Facebook joining the other global giants in Montréal’s ecosystem.”Read more
The world leader in AI, DeepMind, will be opening an international research laboratory in Greater Montréal, in close collaboration with McGill University.
Three months after opening its first laboratory in Edmonton, the British subsidiary of Alphabet – a conglomerate of several companies, including Google – is strengthening its commitment to the Canadian and Montréal AI community.Read more
Today, IBM Canada officially opened its new Client Innovation Centre (CIC) in downtown Montréal.
The Montréal CIC, whose launch was announced back in November 2016, is now the second IBM delivery centre in Canada and should create 500 new jobs in the next four years to meet its clients’ growing and evolving technology and business needs.Read more
OTTAWA, Ontario--(BUSINESS WIRE)--Since 2014, Shopify Inc. (NYSE:SHOP) (TSX: SHOP), the leading multi-channel commerce platform, has been steadily building its presence in Waterloo, the cornerstone of Canada’s technology Corridor. Today, the company announced that it plans to grow its full-time, Waterloo-based workforce by 300-500 new jobs over the next couple of years.
“We initially chose to build Shopify’s presence in Waterloo because we knew we would be supported by the tech community in the region,” said Loren Padelford, General Manager and Vice President of Shopify Plus. “With that support, along with world-class local talent, our growth has outpaced our expectations and projections. By continuing to invest in the region, we are helping build a stronger ecosystem, one that employs great local people, and also brings new talent to the region.”Read more
Google’s founders have long fantasized about what would happen if the company could shape the real world as much as it has life on the internet.
“Years ago, we were sitting there thinking, Wouldn’t it be nice if you could take technical things that we know and apply them to cities?” Eric Schmidt, the executive chairman of Alphabet (now Google’s parent company), said Tuesday. “And our founders got really excited about this. We started talking about all of these things that we could do if someone would just give us a city and put us in charge.”Read more