B.C. to expedite mining development
A plan to usher in a new era of mining by speeding up approvals is being pitched in British Columbia.
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National Post
6 minutes ago
- National Post
Profilyt Named to Canada's Top 100 Artificial Intelligence (AI) Startups by ALL IN; AI Startup Sends Long Forms to the Recycling Bin
Article content From 120 questions to one easy conversation — Profilyt's digital guide Anna turns the form-filling chore into a friendly chat, delivering faster, smarter, and more insightful results. Article content MONCTON, New Brunswick — Profilyt, a Moncton-based artificial intelligence startup, has been named one of Canada's Top 100 AI Startups by ALL IN — the country's annual must-attend AI event, where over 6,000 participants from more than 40 countries will gather at Montréal's Palais des congrès on September 24–25. Profilyt will be on hand to showcase how it is transforming the way organizations collect information — replacing endless intake forms with succinct chats. Its digital guide, Anna, turns 50- to 120-question forms into succinct chats that automatically generate scored, structured profiles — often surprising users with nuanced insights they never expected from a long form. Article content Article content The idea for Profilyt grew out of the lived frustrations of founder Ismahil Tchagbele and innovation officer Pierre D., who often sent onboarding forms with more than 100 questions to startups and simulation centres. 'Long forms are like waiting rooms with no end,' said Ismahil. 'We built Profilyt to end the long-form era. No one should lose an opportunity because an endless questionnaire scared them off.' Article content Designed like a skilled interviewer, Profilyt asks only the questions that matter, requests files when needed, and knows when to stop. For optional questions, it can infer answers from context — creating profiles that capture nuance and human intent. Early users describe the results as 'shockingly smart' and 'amazingly human-like.' One beta user, who previously relied on a 120-question form, reported that Profilyt's conversational approach cut hours from their intake process: 'The profile it produced was so smart, it felt like the AI read between the lines.' Article content Already adopted by incubators and accelerators to streamline startup qualification, Profilyt is also finding uses beyond entrepreneurship — one user even employs it to screen caregivers. Building on this momentum, the company will showcase its technology at ALL IN 2025 and connect with organizations that see the impact potential of a first interaction as a conversation, not an interrogation. Organizations that rely on lengthy forms are invited to explore the movement to retire long forms alongside other relics of the past, like the floppy disk, and replace the long form-filling process with a simple conversation. Article content Profilyt Article content is a Moncton-based AI startup replacing lengthy intake forms with smart, multilingual conversations. Its digital guide, Anna, asks only the most relevant questions, infers answers to optional ones, requests necessary documents, and generates a scored PDF profile — giving organizations a more human way to start relationships. Founded by Ismahil Tchagbele, Profilyt was recognized by Article content Article content Article content Article content Article content Contacts
Globe and Mail
6 minutes ago
- Globe and Mail
Business Brief: The price of protecting Air Canada
Good morning. Air Canada says it could take up to 10 days for operations to return to normal after a tentative deal with flight attendants ended the strike. For passengers, frustrations may linger far longer. That's in focus today, along with a look at what's fuelling inflation. Inflation: Canada's annual inflation rate slowed to 1.7 per cent in July. But that was mainly owing to a decline in gasoline prices, which reflected Ottawa's removal of the consumer carbon tax. Trade: The U.S. is hiking steel and aluminum tariffs on more than 400 products including appliances, railcars, and EV parts. Energy: Alberta carbon-capture test site is powering up despite an uncertain cleantech outlook. Catch up quick: Air Canada resumed flying yesterday afternoon after reaching a tentative labour agreement with the union that represents its 10,000 flight attendants, who had been on strike since Aug. 16. The cost of returning to autopilot: Now that Air Canada has agreed to pay cabin crew for their work before takeoff and after landing, the airline could turn to strategies to offset those losses, such as: Given Canada's foreign ownership restrictions, Air Canada may be more inclined to push some of those options further than others. That's because WestJet – the only other Canadian competitor its size – isn't giving it much of a race. They're both just sort of jogging at the pace of a couple of baseball players headed toward the dugout. In the U.S., where markets are less regulated, consumer choice compels companies to cut costs. Canada's oligopolistic airline industry faces no such pressure, writes Eugene Lang, acting director of the School of Policy Studies at Queen's University. Geoff White, executive director and general counsel at the Public Interest Advocacy Centre, said Canadian travellers are stuck with the effects of an uncompetitive industry – unless policymakers step in. 'This will take a legislative fix – this is fundamentally a failure of competition,' White told The Globe. 'When it comes to Canada's addiction to monopolies, it's a matter of political will.' The case for changing course Beyond lowering prices, competition also presses companies into becoming more efficient and innovative – two factors that lead to productivity growth, which basically means making more of something with the same amount of work. Being able to produce more of a good or service allows a company to invest more in skills or equipment, and to pay higher wages. That means productivity growth also helps companies and their employees navigate higher costs. Rather, it might have: Productivity has flatlined in recent years as Canadian businesses invest at levels that rank among the lowest of its peers in the OECD. That weakness leaves households more vulnerable to rising costs. Yesterday's inflation report might suggest Canada is holding up better than expected since U.S. tariffs went into effect, but prices for shelter and groceries are still high, and getting higher. The strain has put fresh focus on whether government policy can bring relief — including proposals to boost competition in the airline industry. In June, the federal competition watchdog recommended 10 ways Ottawa could boost competition in the airline industry. Two of those recommendations were to open the skies to more foreign investment, and to allow foreign airlines the ability to fly domestic routes. More competition delivers major benefits to Canadian travellers, the report found. New companies have entered the market and are making progress, the authors noted, yet Canada's domestic aviation market remains 'highly concentrated.' Some industry leaders pushed back, arguing too much foreign money and competition for domestic routes – a practice known as cabotage – would be devastating to Canada's homegrown employers. (Air Canada called the very premise that the country lacks competition a 'myth,' instead blaming high government charges for keeping prices elevated. There's a lot of truth in the taxation argument, but little evidence that eliminating them would lead to more spending on innovation.) The government, by and large, seems to agree with the industry – it isn't expected to enforce the watchdog's recommendations – and applies similar logic in protecting banks and telcos. Basic offerings from the Big Six make the banks virtually interchangeable for most Canadians. And have you ever caught yourself pausing to remember if you're a Bell or Rogers customer because you've bounced between them more than once? Ottawa could allow more competition, Air Canada could feel more pressure to innovate, and Canadians could see cheaper fares. Instead, consumers are left with rising costs and fading patience — in an economy where protecting incumbents has become the default across airlines, banks, and telecoms alike. Crypto thefts in 2025 have already topped US$2.17-billion – surpassing all of 2024. In real estate: The collapse of an Ontario brokerage is raising questions about the industry's financial oversight. On autopilot: Tesla must face a class action over self-driving claims, a U.S. judge has ruled. Crushing beers: The Beer Store is closing several locations in Ontario. Here's what you need to know. Global markets came under pressure after a tech-led selloff on Wall Street yesterday. U.S. futures pointed lower, while TSX futures pointed higher. Overseas, the pan-European STOXX 600 was up 0.15 per cent in morning trading. Britain's FTSE 100 rose 0.29 per cent, Germany's DAX fell 0.34 per cent and France's CAC 40 edged up 0.06 per cent. In Asia, Japan's Nikkei closed 1.51 per cent lower, while Hong Kong's Hang Seng inched up 0.17 per cent. The Canadian dollar traded at 72.08 U.S. cents.
National Post
6 minutes ago
- National Post
CIBC Innovation Banking Provides Growth Capital Financing to MedMe Health
Article content TORONTO — CIBC Innovation Banking announced today that it has provided a growth-focused credit facility to MedMe Health ('MedMe'). The company will use the financing to expand its product suite and scale its operations in North America. Article content Founded in 2019, MedMe has rapidly established itself as a leading platform for pharmacy care delivery in Canada, supporting over 4,500 pharmacies across North America. MedMe enables pharmacies to operate as true clinical hubs, delivering vaccinations, chronic disease management, and preventative care at scale. Article content 'With growing traction in the US and the launch of AI-powered tools such as Clinical Assistant and Patient Concierge, MedMe is setting a new standard for how community providers engage, document, and care for patients,' said Purya Sarmadi, CEO and Co-Founder of MedMe. 'We are excited to work with CIBC Innovation Banking to fuel our next stage of growth. This financing will accelerate our US expansion, extend our medical billing capabilities for pharmacist-led care, advance our AI roadmap, and scale our presence across specialty pharmacy and adjacent healthcare providers.' Article content Niramay, Executive Director at CIBC Innovation Banking, added 'MedMe is helping to transform pharmacy care delivery with its innovative, customizable software platform. We are proud to support its next phase of growth as it expand into new markets and continues to drive digital transformation in the healthcare sector.' Article content MedMe is backed by leading investors including Microsoft's M12, Graphite Ventures, MaRS IAF, and YCombinator. Article content About CIBC Innovation Banking Article content CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About MedMe Health MedMe Health is a scaling-stage digital health company transforming how pharmacies and community-based providers deliver care. Founded to address the growing gap between traditional pharmacy systems and the clinical demands of modern practice, MedMe replaces fragmented, outdated tools with a configurable, all-in-one platform built specifically for pharmacist-led care. Article content Trusted by over 4,500 pharmacy locations and leading national chains across North America, MedMe's platform has powered more than 25 million patient services to date. The company is expanding rapidly across the US and adjacent verticals such as specialty pharmacy. MedMe's modular infrastructure streamlines scheduling, intake, documentation, and communication for pharmacy clinical services such as vaccinations, minor ailments, POCT, and chronic disease management. Article content MedMe is also leading the integration of AI in pharmacy care. Its Clinical Assistant transcribes and auto-fills clinical notes in real time, while Patient Concierge, a voice agent, autonomously answers and makes calls to handle refills, bookings, and follow-ups. These tools reduce administrative burden, improve access, and enable pharmacists to operate at the top of their license. Article content Article content Article content Article content Article content Article content
