Revolutionizing Communication: Canoe Inc. Secures $36 Million in Series C Funding to Continue Driving the Future of Information Technologies

Canoe Inc., a prominent player in Québec's digital landscape, has successfully raised an impressive $36 million in funding to amplify its commitment to revolutionizing information access and communication. As a leader in e-commerce, information technology consulting, and digital media, Canoe Inc. is uniquely positioned to address the rapidly changing needs of businesses and consumers alike. With an extensive portfolio that includes the Canoe Network—which attracts over 7.8 million unique visitors every month across various platforms, including Canoe.ca and TVA's network site—Canoe is set to enhance its offerings and solidify its reputation as a cornerstone of Québec's online ecosystem. The newly acquired funds will be strategically allocated toward expanding its e-commerce capabilities, enhancing the connectivity and accessibility of its various online services, and investing in innovative technologies that streamline communication for businesses. This infusion of capital will enable Canoe to further its mission of providing efficient and effective solutions that meet the demands of today’s competitive environment. With the backing of a skilled workforce of over 350 professionals, Canoe is poised to accelerate its growth trajectory, bringing cherished services such as Jobboom, Homes-Extra.ca, and more to an even wider audience. As Canoe Inc. embarks on this exciting new chapter, it reaffirms its dedication to fostering connectivity and redefining the digital experience for millions across Canada.