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Government of Canada investing in innovation ecosystems and AI to strengthen Saskatchewan’s tech sector

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PrairiesCan investments will support tech incubator Co.Labs and five AI businesses in Saskatchewan

SASKATOON, SK, April 30, 2026 /CNW/ – Over the past year, Canadian businesses have navigated a rapidly changing, and increasingly fragmented world.

In response, Canada’s new government is focused on what we can control–building a stronger, more independent, more resilient economy. We are moving with speed and ambition to diversify our trade partners abroad and build our strength at home while delivering responsible fiscal management. Saskatchewan’s growing innovation ecosystem and artificial intelligence sector have the potential to drive productivity, unlock new markets, and create jobs. Harnessing this potential is essential to building a more resilient, competitive economy for the province and the country.

Today, Taleeb Noormohamed, Parliamentary Secretary to the Minister of Artificial Intelligence and Digital Innovation, on behalf of Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced over $3.7 million in funding to support Co.Labs as they grow Saskatchewan’s technology and agtech scale-up ecosystems, and over $4.1 million in funding to support organizations developing and using artificial intelligence (AI) in the province. This represents a combined federal investment of over $7.9 million.

Co.Labs will strengthen collaboration with ecosystem partners, expand its Expert and X-in-Residence programs, enhance agtech programming, and deliver three Uniting the Prairies (UP) conferences, starting this week in Saskatoon. Through new and expanded partnerships – including with Regina-based Cultivator – these initiatives will connect startups to venture capital and angel investors, accelerate commercialization, attract private capital, and create more pathways for Saskatchewan founders to grow and scale their businesses.

The Government of Canada also announced its support for five other businesses and organizations working to develop and use AI to help transform Saskatchewan’s tech ecosystem, including Coconut Software Corporation, Vendasta Technologies Inc., HomeTeam Live Technologies Inc., the University of Regina and Artificial Intelligence Saskatchewan Corp. (AiSK). Details are available in the Backgrounder.

Quotes

“At a time of global uncertainty, it is more important than ever to support homegrown innovations that create good jobs and strengthen Canada’s position as an innovation powerhouse. Our new government is investing in Saskatchewan’s dynamic tech sector to drive growth, attract investments and build Canada strong.”

–The Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada

“Businesses and innovators are the backbone of our economy, and many are looking to use artificial intelligence to unlock productivity. The Government of Canada is committed to scaling up our country’s AI industry, driving AI adoption and building a sovereign digital infrastructure. Harnessing AI while increasing trust in its responsible development and deployment will promote growth and shared prosperity in Saskatchewan and across the country.”

–The Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario

“Canada is committed to advancing innovation ecosystems that help us respond to the challenges of a rapidly changing global economy and stay competitive in the development and adoption of artificial intelligence. The investments announced today highlight the shared goals of our government and the tech sector to support local businesses, scale innovation, and build long-term economic resilience.”

–Taleeb Noormohamed, Parliamentary Secretary to the Minister of Artificial Intelligence and Digital Innovation

“We are living in a time of global change and mounting competition, but Saskatchewan has what it takes to lead, build, and innovate with the best in the fields of tech and AI. By supporting organizations like Co.Labs and local AI leaders, our government is responsibly helping to create good local jobs, attract investment to our province, and ensure Saskatchewan continues to be a driver of Canada’s tech sector, now and into the future.”

–The Honourable Buckley Belanger, Secretary of State for Rural Development

“PrairiesCan’s support allows us to go further in the work that matters most: helping Saskatchewan founders access the expertise, networks, and opportunities they need to scale tech startups fast. It also strengthens the Uniting the Prairies conference as a platform to bring investors, partners, and high-growth startups together — raising the profile of this region and accelerating what’s possible for Prairie tech.”

–Jonathan Lipoth, Executive Director, Co.Labs

Quick facts

Co.Labs is an independent non-profit incubator, funded primarily by the federal and provincial governments through PrairiesCan and Innovation Saskatchewan.Uniting the Prairies, a conference organized by Co.Labs, is the largest annual tech event in Saskatchewan, bringing together over 75 investors, over 150 startups, and up to 400 community members.Projects with Co.Labs and AiSK are supported under Regional Innovation Ecosystems (RIE), which helps build, grow, and nurture inclusive regional innovation ecosystems. Through targeted investments in not-for-profit organizations, the program supports businesses in priority sectors to innovate, grow, and compete globally.Projects with Coconut Software Corporation, Vendasta Technologies Inc., HomeTeam Live Technologies Inc. and the University of Regina are supported under the Regional Artificial Intelligence Initiative (RAII) which helps bring new AI technologies to market and speed-up AI adoption in critical sectors such as agriculture, clean technology, healthcare and manufacturing.

Backgrounder

The projects announced today help build Saskatchewan’s tech ecosystem and implement AI through investments in six organizations. Investments will help strengthen and diversify the economy, drive productivity, unlock new markets, and create jobs.

The supported projects announced today are funded under two programs:

Regional Innovation Ecosystems (RIE) program – $3,766,000

The RIE program helps create, grow, and nurture inclusive regional ecosystems. Through RIE, targeted investments in not-for-profit organizations assist businesses in priority sectors to innovate, grow, and compete globally.

PrairiesCan announced investments for two non-repayable projects under the RIE:

Co.Labs is strengthening collaboration with ecosystem partners, expanding its Expert and X-in-Residence programs, enhancing agtech programming, and delivering three Uniting the Prairies (UP) conferences from 2026 to 2028, with a federal investment of $3,756,000.Artificial Intelligence Saskatchewan Corp. (AiSK) hosted the Sask AI Expo on April 27, 2026, with a federal investment of $10,000.

Regional Artificial Intelligence Initiative (RAII) – $4,172,561

The RAII provides $200 million to help businesses bring new AI technologies to market and speed up adoption in critical sectors such as agriculture, clean technology, healthcare, and manufacturing. This repayable and non-repayable interest-free funding is part of the government’s 2024 budget commitment to ensure Canada is a world leader in AI.

PrairiesCan announced investments for three repayable projects under the RAII:

Coconut Software Corporation is commercializing a proprietary cloud-based AI augmented workforce management platform for the financial sector, with a federal investment of $1,522,564.Vendasta Technologies Inc. is commercializing AI-augmented workflows to support small and medium sized businesses, with a federal investment of $1,416,100.HomeTeam Live Technologies Inc. is using proprietary technology to improve sport streaming, with a federal investment of $976,730.

PrairiesCan announced an investment for one non-repayable project under the RAII:

The University of Regina is developing an AI platform using tree ring data to predict climate change and soil moisture, with a federal investment of $257,167.

Associated links

Prairies Economic Development CanadaRegional Innovation Ecosystems (RIE) in the Prairie provinces – Canada.caRegional Artificial Intelligence Initiative (RAII) in the Prairie Provinces – Canada.caCo.Labs – Saskatchewan’s Tech IncubatorCoconut Software CorporationVendasta Technologies Inc.HomeTeam Live Technologies Inc.University of ReginaArtificial Intelligence Saskatchewan – AiSK

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Toll-Free Number: 1-888-338-9378
TTY (telecommunications device for the hearing impaired): 1-877-303-3388

SOURCE Prairies Economic Development Canada

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Enghouse Announces Finance Leadership Change

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MARKHAM, ON, Aug. 26, 2026 /CNW/ — Enghouse Systems Limited (TSX: ENGH) today announced that Rob Medved, Chief Financial Officer, will be leaving the Company following the release of its third quarter financial results to pursue another professional opportunity.

Mr. Medved has been a valued member of the Enghouse leadership team. During his tenure of approximately 9 years, he has played a key role in supporting the Company’s financial discipline and strengthening Enghouse’s financial organization. The Board of Directors and Enghouse management team thank him for his dedication, professionalism and contributions to the Company. We appreciate the leadership and financial expertise he has brought to Enghouse and wish him every success in the next chapter of his career.

In connection with this transition, the Company is pleased to announce that Vinh Lien will be promoted to Vice President, Finance, effective upon Mr. Medved’s departure. Mrs. Lien has been with Enghouse for over ten years and has held several progressively senior finance and accounting roles during her tenure with the Company. In her current role as Corporate Controller, she has been responsible for overseeing global financial and accounting operations.

Mrs. Lien has been an integral member of the Enghouse Global Finance and accounting team with a deep understanding of Enghouse’s financial operations. She has consistently demonstrated strong leadership, sound judgment, and a thorough understanding of the Enghouse business. Her experience and commitment to both financial and operational excellence make her well qualified to assume this role.

The Company expects a seamless transition of responsibilities and does not anticipate any disruption to its operations, financial reporting, or strategic initiatives.

About Enghouse Systems Limited
Enghouse Systems Limited is a Canadian publicly traded company (TSX: ENGH) that provides enterprise software solutions focused on contact centers, video communications, virtual healthcare, telecommunications networks, public safety, and transportation markets. Enghouse employs an acquisition-oriented strategy and operates globally through a network of international subsidiaries.

SOURCE Enghouse Systems Limited

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INTOUCH INSIGHT ANNOUNCES Q2 2026 FINANCIAL RESULTS

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OTTAWA, ON, Aug. 26, 2026 /CNW/ — Intouch Insight Ltd. (TSXV: INX) (OTCQX: INXSF) (“Intouch” or the “Company”), a provider of customer experience measurement solutions, today announced its financial results for the second quarter ended June 30, 2026.

Financial Highlights

Highlights from the three months ended June 30, 2026, compared to the same period in 2025:

Revenue is 8% higher than the prior year. This increase was due to organic growth in SaaS, merchandising and recurring services revenue.Gross margin as a percentage of revenue was 46.7%, compared to 50.4% in the comparative period. This decrease is due to the mix of product sales, coupled with growth of some of our most competitively priced programs.Earnings from operations were $54,361 compared to a loss of $1,021,120 for Q2 2025. The loss in the prior year is due to the impairment of goodwill and intangibles from the loss of a client obtained through acquisition.SaaS revenue increased 18% to $474,999, recurring services revenue increased 6% to $5,879,676, and event marketing automation revenue increased 8% to $572,560.Merchandising revenue was $82,824, compared to nil in the prior year period.Net loss was $43,136, or $0.00 per share basic and diluted, compared to a net loss of $1,112,023, or $0.04 per share basic and diluted, in Q2 2025.Adjusted EBITDA, a non-IFRS measure, was $227,559 compared to $370,812 in Q2 2025; a reconciliation to the most directly comparable IFRS measure is contained in the Company’s MD&A for the period, which is available on SEDAR+ and is incorporated by reference.

Adjusted EBITDA is a non-IFRS financial measure, which is defined as net earnings (loss) before income taxes, adjusted to exclude finance costs, depreciation and amortization, impairment charges, share-based compensation, investment tax credits, and the change in the fair value of contingent consideration.

Highlights from the six months ended June 30, 2026, compared to the same period in 2025:

Revenue is 7% higher than the prior year. This increase was due to growth in SaaS, merchandising and recurring services revenue.Gross margin as a percentage of revenue was 48.1%, compared to 50.4% in the comparative period. This decrease is due to the product mix.Earnings from operations were $237,896 compared to a loss of $649,769 for 2025. The loss in the prior year is due to the impairment of goodwill and intangibles.Merchandising revenue was $120,291, compared to nil in the prior year period.Net income was $64,169, or $0.00 per share basic and diluted, compared to a net loss of $899,421, or $0.04 per share basic and diluted, in the first half of 2025.

Recent Operational Highlights

Presented the Company’s annual convenience industry study during the main stage general session at the Outlook Leadership Conference, hosted by Informa, and announced the top-performing convenience operator award in partnership with CSP Daily News. This year’s study encompassed close to 3,000 site visits across 14 leading convenience brands.Advanced the Company’s entry into the grocery vertical, including proprietary grocery research produced in partnership with Informa Connect and NexChapter, which the Company presented during the general session at the GroceryNEXT conference in Chicago on August 24-26, 2026.Published two proprietary thought leadership studies, the 2026 Emerging Experiences Study on mobile order ahead and the 2026 C-store Trends Report, both of which heighten the Company’s industry profile.Advanced through the qualification stages of a previously disclosed seven-figure SaaS RFP within the Company’s core QSR vertical and is one of the remaining finalists.Secured a second merchandising customer and added contracted merchandising work that is expected to support a significant sequential increase in merchandising revenue in the third quarter of 2026.

Management Commentary

Cameron Watt, President & Chief Executive Officer of Intouch Insight, commented:

“The second quarter delivered exactly what we said it would. Revenue grew 8% to $7,015,784, our strongest quarterly growth rate in seven quarters, with growth across each of our major product lines, and we did it while continuing to fund the investments that we committed to at the start of the year. We told the market we would invest into growth without diluting shareholders, and we have not issued a single share to do it. We intend to fund these investments from cash generated by operations and our existing credit facilities, and we do not anticipate that an equity financing will be required.”

Watt added:

“Our goal to double the business by the end of 2028 remains our focus and our 2026 expectations are unchanged: double-digit organic revenue growth by year end, more than $1 million of merchandising revenue, and continued investment in our strategy, which may result in an operating loss. Merchandising has been slower off the line than we wanted, but the shape of the year is intact. Based on contracts signed to date, we expect third quarter merchandising revenue on its own to exceed the combined revenue of the first half.  We are continuing to pursue our stated strategy and remain optimistic in achieving our goals.”

Q2 Earnings Conference Call Information

To participate in this event, register and log-in approximately 5 to 10 minutes before the beginning of the call.

Date: August 27, 2026 
Time: 10:30 a.m. eastern time

Register for the live webcast and access on-demand recording: click here. https://events.zoom.us/ev/ApEXp4MTIT3r7mdIyMnepiOj0JWWQZz-8QK_9Gn0AtLGAC-R-pYn~Anj41TOs5ON_y0VBbXslnvdVEyaq_Dsmqwga9gdn5FSs1jbXHdNT1B07Hw  

Consolidated Statements of Operations

Q2 2026

Q2 2025

Revenue

$   7,015,784

$   6,503,539

Cost of services

3,740,310

3,225,447

Gross margin

3,275,474

3,278,092

Total operating expenses

3,221,113

4,299,212

Income from operating activities

54,361

(1,021,120)

Non-operating (expenses) income 

(97,284)

(82,423)

Income tax recovery (expense)

(213)

(8,480)

Net income (loss)

$       (43,136)

$  (1,112,023)

About Intouch Insight

Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release including those related to the Company’s quarterly results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws.  Forward looking statements that are made as of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company’s current views with respect to future events, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management cautions the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Intouch Insight Ltd.

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Voltage Energy Will Seek New Trial and Review of Verdict in Shoals Patent Dispute

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CHAPEL HILL, N.C., Aug. 26, 2026 /PRNewswire/ — Voltage Energy Group (“Voltage Energy”), a leading solar and clean energy solutions provider founded in North Carolina, today confirmed that it will seek a new trial following the jury’s verdict in Voltage’s ongoing patent dispute with Shoals Technologies Group, Inc. (“Shoals”) in the Middle District of North Carolina.

Voltage Energy strongly disagrees with the jury’s verdict and believes the judgment is not supported by legally sufficient evidence or the law. The Company will pursue all available post-trial remedies.

“We are confident in our record for appeal and the Court’s prior findings that Shoals violated an agreement prohibiting its counsel’s involvement in obtaining these patents,” said Li Wang, CEO of Voltage Energy. “Voltage independently developed LYNX in 2021 through its own engineering efforts, three years before the patents asserted by Shoals were issued. Our focus remains on proudly powering the renewable energy industry.”

LYNX PLUS, the Company’s latest trunk bus solution featuring a 2kV architecture, 0.5–0.8% higher yield, 10–15% material savings, and 34% voltage-drop reduction, remains in full production and continues to ship to customers as scheduled. Building on this foundation, Voltage Energy will proudly unveil new products and technologies at RE+ 2026, taking place November 17–19 at the Las Vegas Convention Center. Customers and partners are invited to explore its latest solutions at Booths N936 and N736. The upcoming opening of Power Ranch in Roxboro, North Carolina, will further mark the Company’s next milestone in expansion and innovation roadmap.

About Voltage Energy Group

Founded in 2016, Voltage Energy Group (“Voltage Energy”) is a leading global provider of mission-critical power architecture solutions for utility-scale solar, BESS, and data center segments. Headquartered in Chapel Hill, North Carolina, Voltage Energy operates globally with offices in Frankfurt, Germany; Sydney, Australia; and Abu Dhabi, United Arab Emirates.

Rooted in utility-scale solar EBOS, Voltage Energy delivers safe, reliable, and scalable infrastructure solutions that power our partners to move forward with confidence. We strengthen our core business today while building the capabilities required to meet tomorrow’s mission-critical energy and infrastructure needs, from BESS and data centers to microgrids and beyond.

Learn more about us at www.voltageenergy.com.

 

 

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SOURCE Voltage Energy Group

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