In development
Global business news for Canada's mid-sized companies.
We cover Canada's midmarket abroad. Midmarket Global reports on the companies between startup and blue chip: the contracts they win, the markets they enter, and the capital behind them. We write about these companies and for the people who run them. We aim to be the publication of record for Canadian mid-sized business outside the United States.
From the record
Every story begins as an entry: a company, a move, a market and a source. These ten are real. We compiled them from public disclosures in November 2026.
- 2 Nov 2026AlvéoleMontréalAcquisition · Italy
Bought Apicoltura Urbana, an urban beekeeping company in Milan.
- 19 Oct 2026D2LTorontoCustomer · Vietnam
Signed a five-year agreement to supply its learning platform to the Van Lang education group.
- 6 Oct 2026Ballard Power SystemsVancouverOrder · Romania
Will supply 24 fuel-cell modules to Siemens Mobility for 12 hydrogen trains.
- 6 Oct 2026Athletica Sport SystemsWaterloo, Ont.New office · Finland
Opened a sales and service office for its arena board systems.
- Jul 2026CompusultMount Pearl, N.L.Contract · Saint Lucia
Awarded US$295,254 to upgrade the government's open data portal, in a project financed by the World Bank.
- 3 Jul 2026FreeBalanceOttawaContract · Micronesia
Awarded US$980,580 for training on a government financial-management system, in a project financed by the World Bank.
- 19 Dec 2025Optima AeroExport sale · Mexico
Export Development Canada provided C$25 million to C$50 million in buyer financing for the sale of aircraft engines, parts and services.
- 3 Jun 2025G.N. PlasticsExport sale · Mexico
Export Development Canada guaranteed under C$1 million of financing for Converforma, a Mexican buyer of Canadian goods and services.
- 2 Jun 2025Vecima NetworksAcquisition · Poland
Export Development Canada provided C$15 million to C$25 million in financing in support of an acquisition.
- 22 May 2025Appnovation TechnologiesExport sale · Malaysia
Export Development Canada provided C$5 million to C$15 million in export financing for information-technology equipment and solutions.
This is a sample, not yet reporting. Before we publish, we will call each company and record what became of each deal. An entry does not mean that a company is for sale or seeking investment.
What we will cover
We will report on the contracts these companies win abroad, the services they sell, the offices and plants they open, and the companies they buy.
We will also report on how they are financed, by Canadian lenders and investors and by capital from abroad.
We write first for the people who run these companies. Buyers abroad, investors and lenders will read us for the same facts.
How we work
- Sources
- Every entry names its source and links to it.
- Status
- We say whether a deal is announced, signed or completed. When that changes, we change the entry and keep the earlier one.
- Follow-up
- We return to announcements and report what became of them.
- Independence
- No one pays to be covered. Sponsors and research clients have no say in what we publish. We do not sell introductions.
- Corrections
- We correct errors in place and say that we did.
- Accountability
- We will name our owners and editors before the first issue.
The companies
Canada has 1.1 million employer businesses. Nearly all are small. About 20,000 employ 100 people or more.
A few of those are blue chips. The rest are the midmarket: past the startup stage and not yet global names. They are our subject.
In 2025 Canada exported C$1,016 billion in goods and services. About C$333 billion went to markets other than the United States. Ottawa intends to double that figure by 2035. More than half of medium-sized exporters still sell to one country.
| Employees | Businesses |
|---|---|
| 1 to 19 | 972,021 |
| 20 to 99 | 107,167 |
| 100 to 499 midmarket | 16,953 |
| 500 or more midmarket, less the blue chips | 3,380 |
Sources: Innovation, Science and Economic Development Canada, December 2024; Global Affairs Canada, State of Trade 2026; Statistics Canada; Budget 2026. The C$333 billion figure is 32.8% of total exports, as reported by Global Affairs Canada.
Register interest
Midmarket Global is in development. Format and timing will be announced closer to launch. Leave your details and we will write when there is something to read.