SuperiorRoads’ Python 5000 and SR 6000 pothole patcher products lines have been purchased by Smart Air Chamber Inc., which has formed a new company that will take the SuperiorRoads name. Kyungwon Yun, CEO of Smart Air Chamber and the new SuperiorRoads Solutions and Python Manufacturing, said the new company has taken on both the product line and many of the people from the existing company. “Our company purchased several Python 5000s over the past couple of years, and recognized their great potential,” Yun said. Smart Air Chamber currently manufactures truck-mounted attenuators and air cushion barriers for roads, and provides road […]

SASKATOON, Saskatchewan–(BUSINESS WIRE)–CanniMed Therapeutics Inc. (TSX: CMED) (“CanniMed”) has initiated production of CanniMed® Capsules, following the receipt of the Production License granted by Health Canada. Subject to Health Canada’s issuance of the required license to sell, CanniMed anticipates the Capsules will be available for patient order by end of calendar 2017. CanniMed® Capsules are a pivotal innovation in medical cannabis therapy as they deliver medicine in a dosage form widely utilized in the pharmaceutical industry, provide precise dosing in each capsule, enhance patient convenience and will be formulated to produce long-lasting effect. CanniMed® Capsules are vegan to address patient’s specific […]

By: Adam MacVicar, Global News It’s often overlooked and overshadowed by other industries in Saskatoon, but the city’s tech sector is seeing substantial growth. “There’s absolutely a really cool boom happening here and a great feel,” Jeff Dyck, Solido’s vice-president of operations, said. “It’s a good place to be a technologist.” Solido Design Automation makes computer-aided design software used by companies that make chips for electronic devices. They currently employ 70 people in Saskatoon and that number is expected to grow to 100 by the end of the year. According to a new report by the Saskatoon Regional Economic Development Authority (SREDA), there […]

Solido Design Automation uncorked PVTMC Verifier, which uses machine learning to verify designs across the spectrum of process variation and operating conditions. It takes into account interactions between statistical variation and PVTs to identify worst-case conditions, and according to the company is more than 100x faster than the equivalent brute force verification. Article Source

CALGARY, Alberta, Sept. 05, 2017 (GLOBE NEWSWIRE) — The Western Investment Company of Canada Limited (“Western”) (TSX Venture:WI), further to its press release issued on August 9, 2017, confirms it has closed its 30% equity investment in three senior care homes in Saskatchewan from Golden Health Care Inc. (“Golden Health Care”) and certain other shareholders. In addition, Western owns a 25% equity ownership in Golden Health Care Management Inc. which will provide management services to a portfolio of seven retirement communities in Saskatchewan and an option to purchase 30% equity interest in undeveloped land in Yorkton, Saskatchewan for a multi-stage […]

The Globe and Mail reports in its Thursday edition that Echelon Wealth analyst Russell Stanley says CanniMed Therapeutics’ ($10.29) industry-leading production record and “advanced” revenue mix “position it well competitively.” The Globe’s David Leeder writes that Mr. Stanley rates CanniMed “speculative buy” in new coverage. He targets the shares at $14. Analysts on average target the shares at $15.35. Mr. Stanley says in a note: “CanniMed … has three times the production history of its closest peers, having been the sole cannabis supplier to Health Canada from 2001 to 2014. We believe this gives CMED a significant advantage over competitors […]

Two years ago, ARM decided to investigate the way in which its teams undertake hardware design. Using tools developed for cloud computing, the company now sifts through every result from the thousands of tests and simulations it runs on a daily basis in order to look for patterns. “RTL verification generates a lot of data,” Bryan Dickman, director of engineering analytics in ARM’s technology services group, told the TV&S Verification Futures seminar earlier in 2017. “It’s becoming a big-data problem.” One of the questions which ARM wants to answer is ‘are we running dumb cycles?’. Dickman noted: “We do a […]

The carnage appears to be over. After almost three years of continuous capital budget cuts, massive layoffs, and bankruptcies, the Canadian oil and gas industry finally found some firm footing in early 2017 as oil prices bounced back from generational lows. Operator cash flows are on the upswing, capital markets are opening up, and money is once again being spent finding and developing resources. But worries about reaching new markets for production, managing supply costs, and an increasingly burdensome regulatory environment continue casting a shadow on the Canadian industry, somewhat muting the recovery. CIBC Capital Markets forecasts conventional Canadian capital […]

“We need to stop providing chip makers with more data,” said Ting Ku, senior director of engineering for Nvidia, in a Design Automation Conference panel last month. “We need tools to make some decisions.” Tasked with squeezing billions of transistors onto fingernail-sized slabs of silicon, chip designers are asking whether machine learning can help. In the view of electronic design automation firms, machine learning tools could chisel rough edges off complex chips, improving productivity, optimizing trade-offs like power consumption and timing, and testing that chips are ready for manufacturing. Though chip design is still a deeply creative process, engineers need […]

Tech startup incubator gets $250K injection as government tries to spur on growing industry By: Charles Hamilton, CBC News Saskatchewan Premier Brad Wall hears pitches from young entrepreneurs at Tuesday’s launch event for the province’s first tech incubator. (CBC) It was a tough budget year for many people in Saskatchewan. But one growing sector saw a injection of cash. A group of young tech entrepreneurs received $250,000 in this year’s provincial budget. The group is what is known as a “tech incubator” and had its official launch on Tuesday. It’s made up of startups ranging from a Saskatoon-based electric bike company to one […]

Helima Croft, RBC Capital Markets, And Michael Rothman, Cornerstone Analytics, Discuss The Impact Of News Out The OPEC Meeting On The Price Of Crude. Article Source

Solido Design Automation Inc. CEO Amit Gupta in the Saskatoon-based technology company’s newly-expanded Innovation Place office. Michelle Berg / Saskatoon StarPhoenix Last week, Solido Design Automation Inc. received a repayable $1.8 million federal grant to support its development of machine learning, which is expected to make its computer chip design software more efficient and effective. On Monday, the Saskatoon-based company’s CEO, University of Saskatchewan engineering graduate Amit Gupta, spoke with the Saskatoon StarPhoenix about how that technology will shape the next generation of computer chips and the company’s role in the city’s burgeoning technology sector. Q: What is machine learning, and […]

While more than a third of business owners have a full formal plan in place to pass their wealth on to their heirs, one in five have not even started to plan, says a global survey by RBC Wealth Management and Scorpio Partnership. Not surprisingly, the wealthier the business owner, the more attention is paid to wealth transfer planning, says the Wealth Transfer Report: Business Owners. It surveyed 384 high-net-worth and ultra-high-net-worth individuals in Canada, the U.S. and the U.K. Average investible wealth was a hefty US$6.4 million. While 51 per cent of business owners have a will in place, […]

Slow Down Through the Work Zone The Ministry of Highways and Infrastructure’s budget is set for a near-record construction season that will see work continue on about 990 kilometres of provincial highways. “This is the second largest transportation budget in our history, so we anticipate there will be many work zones going up across the province,” Highways and Infrastructure Minister David Marit said.  “We understand the summer season is a busy time for travel and motorists want to get to their destination quickly and safely.  I want to stress the importance of keeping these work zones safe.” Construction projects are […]

Solido Design Automation of Saskatoon receives $1.8 million for technology commercialization SASKATOON, SK, May 12, 2017 /CNW/ – Western Economic Diversification Canada The Government of Canada is providing $1.8 million through the Western Innovation (WINN) Initiative for Solido Design Automation Inc. to expand and accelerate the development and commercialization of their machine learning-based software products used to make electronic chips. The Honourable Bardish Chagger, Leader of the Government in the House of Commons and Minister of Small Business and Tourism, made the announcement today during a visit to Solido’s new state-of-the-art software headquarters in Saskatoon’s Innovation Place technology park. She made […]

The inaugural edition of Industry West magazine is focused on Saskatchewan’s resource sector. The extent of the province’s resource base is incredible and it creates opportunities not afforded to other regions with more limited economic means. With so many issues that affect Saskatchewan businesses, our comprehensive approach also covers the topics that matter to you. As you flip through the magazine, you’ll notice a variety of stories on the things important to businesses big and small. Industry West Publisher, Paul Huber Industry West Magazine, Volume 1, Issue 1 – Spring 2017

The #TransformSK report — tabled jointly by the Saskatchewan Chamber of Commerce, Saskatchewan Construction Association, Saskatchewan Mining Association, Agricultural Producers Association of Saskatchewan, and the Saskatchewan division of Canadian Manufacturers & Exporters — outlines 45 calls to action as the foundation for a comprehensive, provincial dialogue to embrace transformational change, and cultivate shared, long-term social and economic prosperity. This document is the result of the most extensive pan-industry consultation in Saskatchewan history, conducted between November 2016 and January 2017, which encompassed 60 roundtable discussions in 14 communities, and a three-month effort to collect input electronically via written and video submission. […]

SASKATOON, SK – April is an exciting month at Jump.ca Wireless Supply Corporation. The local SaskTel Authorized Dealer has expanded in the Saskatoon market, and a new location was added to the Preston Crossing shopping district. The company is known for its continued focus on innovation and great customer experience, and it shows. On April 17, doors to the 2,700-square foot location opened to the public. The entire space is dedicated to featuring the latest and greatest products for a connected lifestyle. If you’ve been waiting for the latest smartphone or related tech, this is the place to find it. […]

By Alex MacPherson, Saskatoon StarPhoenix A worker inside CanniMed Therapeutics Inc.’s medical marijuana production facility southeast of Saskatoon. Photo courtesy of CanniMed Therapeutics Inc. Canada’s first licensed medical marijuana producer is planning a $10.5 million expansion at its facility southeast of Saskatoon, which it says could allow for the production of up to 720,000 litres of cannabinoid oil each year.That’s the equivalent of 12 million 60-millilitre bottles of oil, CanniMed Therapeutics Inc. said in a news release announcing the facility, which is expected to take about 20 months to build and create 25 new full-time jobs. “The expansion of our […]

The number of new oil wells drilled in Saskatchewan during the first quarter of 2017 is more than double the starts in the same period last year, according to the provincial government. The Economy Ministry reported Monday that 856 wells have been drilled in the province from January to the end of March, compared to 399 during the same period in 2016. “An increase of more than 450 wells drilled is an optimistic indicator for our oil industry and, by extension, Saskatchewan’s economic outlook for the year ahead,” Energy and Resources Minister Dustin Duncan said. “It contributes positively to communities […]

MADISON, Wis. — Semiconductor engineers are already hearing AI’s footsteps as it encroaches on their design work. Consider the vast amount of design data and variability required of chip designers, especially when developing a variety of chips with different power, temperature and performance specs. Complex IC designs might well be one of the logical areas to apply machine learning. At least one EDA software company is making headway with home-grown machine-learning algorithms — calling it “machine learning for engineering” and applying it to variation-aware design and characterization software. That company is Solido Design Automation, a privately-held EDA software vendor founded in […]

Today the Government of Saskatchewan introduced the Labour-sponsored Venture Capital Corporations Amendment Act, 2017. Changes to the act will ensure the long-term sustainability and success of these funds, while ensuring the Government of Saskatchewan can meet the challenge of reduced resource revenues. Through consultation with SaskWorks Venture Fund Inc., and Golden Opportunities Fund Inc., the Government of Saskatchewan is amending the changes previously announced in the 2017-18 Provincial Budget.  The tax credit amount is being amended from 20 per cent to 17.5 per cent, the program cap is changing from $80 million per year to $70 million per year, and […]

SASKATOON, Saskatchewan–(BUSINESS WIRE)–CanniMed Therapeutics Inc. (“CanniMed” or the “Company”) (TSX:CMED) today announced the receipt, through its wholly-owned subsidiary Prairie Plant Systems Inc., of the Company’s first two Health Canada issued export permits for medical cannabis oils. In addition, the Company has received initial purchase orders for all three CanniMed® Oils for distribution to both Australia and the Cayman Islands for pharmacy dispensing. “We continue to execute our business plan with today’s milestone announcement, positioning CanniMed as a leading global provider of cannabinoid-based medicines,” said Brent Zettl, President and CEO of the Company. “Our focus on GMP-compliant manufacturing, which includes extensive quality […]

February 27, 2017

By Dave Yanko Ever heard of Pi O’clock? Once a month on a Friday afternoon at 3:14 p.m. (wink wink), Solido Design Automation Inc. hosts an open and informal gathering of Saskatoon tech company folks at Innovation Place Research Park. Guests share ideas, learn from each other’s successes and failures and enjoy an end-of-the-week chill over a beer and snacks. Ever heard of Solido Design Automation? If you haven’t, you may wish to take a minute to learn about one of the leading lights of Saskatoon’s emerging tech sector. Solido creates software products used to make electronic chips. The company […]

SASKATOON, Saskatchewan–(BUSINESS WIRE)–CanniMed Therapeutics Inc. (TSX: CMED) proactively commissioned an independent laboratory analysis of the Company’s herbal cannabis products to test for 56 known pesticides, fungicides and PGRs (plant growth regulators). Each analyzed lot returned a clean Certificate of Analysis with “not detected” levels for each of the 56 pesticides, fungicides and PGRs. “CanniMed Therapeutics has never, and will not in the future need to use pesticides, fungicides or PGRs in the manufacturing of our medical cannabis products because we follow a strict GMP process, following 281-points of quality control,” said Brent Zettl, President and CEO, CanniMed Therapeutics Inc. “By […]

By: Jonathan Charlton, Saskatoon StarPhoenix A Saskatoon tech company is reaping rewards from U.S. President Donald Trump’s controversial travel ban. Solido Design Automation CEO Amit Gupta said the company started getting a surge of quality job applications when Trump was elected, and he expects to see even more this week. “I think the statement by (Prime Minister Justin Trudeau) yesterday about being open to different backgrounds and diversity being our strength, that was a great top level message and we’re seeing a lot more applicants, people wanting to move to Saskatoon,” Gupta said. Trump’s executive order bans refugees, migrants and foreign […]

By: James West CanniMed Therapeutics Inc (TSE:CMED)(OTCMKTS:CMMDF)(FRA:0GB) CEO Brent Zettl describes how his company, formerly known as Prairie Plant Systems, evolved from being the first supplier of medical marijuana to the Canadian Government under the MMAR system, to the current diversified plant technology company whose cannabis business is just one line in a pharmaceutical platform rooted in plant science. Listen to the podcast interview with Brent Zettl: Transcript: James West:    Brent, thanks for joining us today. Brent Zettl:   Good afternoon, James. James West:    Brent, why don’t we start with an overview of the history of CanniMed, since Prairie Plant Systems. How […]

By: Saskatoon Starphoenix After taking home two of the Greater Saskatoon Chamber of Commerce’s Saskatoon Awards for Business Excellence (SABEX) last year, Two Fifty Two Boutique is poised for a repeat in 2017. Mackenzie Firby’s Willowgrove clothing store is nominated in the SABEX community involvement and customer service categories. Last year, it won the customer service and new business venture awards. Nominees for the awards — which span categories from growth and expansion to new product or service — were announced Thursday at a news conference. Two Saskatoon technology companies, Vendasta Technologies Inc. and Solido Design Automation Inc., led the pack with three […]

Saskatoon, Saskatchewan – January 9, 2017 Golden Opportunities Fund Inc. (“GOF” or “Golden”) is pleased to announce it has completed the acquisition of Fort Garry Brewing Company (“FGBC”), a wholly owned subsidiary of Russell Breweries Inc. (TSX Venture: RB) (“RBI”) whereby Golden, and its syndicate comprised of management and local strategic partners, has purchased all of the assets of FGBC in its business of producing beers under the name Fort Garry Brewing Company. Tracing its roots back to 1930, when FGB was established by B.W. Hoeschen, FGB is the original and oldest microbrewery in Manitoba, and a pioneer in the […]

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Saskatoon, Saskatchewan [December 29, 2016] — CanniMed Therapeutics Inc. (“CMED” or the “Company”), a leading plant biopharmaceutical company specializing in the production of pharmaceutical-grade cannabis, announced today that it has successfully completed an initial public offering of its common shares (the “Offering”). In connection with the Offering, CMED issued 5,000,000 common shares at a price of $12.00 per common share, resulting in aggregate gross proceeds to CMED of $60,000,000. CMED’s common shares will begin trading today on the Toronto Stock Exchange under the symbol “CMED”. “CanniMed’s […]