OBJ staff

Developer eyes plan to replace Bank Street retail plaza with 16-storey mixed-use complex

SerCo Realty Group wants to build a highrise with 160 rental suites at 1400 Bank St., just south of the Billings Bridge Shopping Centre, on land currently occupied by a two-unit retail property.

Cadillac Fairview floats plan for 21-storey highrise at Rideau Centre

Mall owner wants to construct a mixed-use tower with 280 rental apartments and ground-floor retail space on land currently occupied by a heritage building.

Current housing supply shortage ‘not sustainable,’ OREB president warns

The average residential-class home sold for $716,992 last month, up from just over $600,000 a year earlier, the Ottawa Real Estate Board said Friday.

Ottawa-Gatineau sheds 4,100 jobs in November, bucking national trend

National Capital Region continued a recent slide that’s seen it lose nearly 30,000 jobs since July, but the unemployment rate still fell to 4.4 per cent thanks to a shrinking labour force.

Ottawa house prices expected to rise 5% in 2022, Re/Max says

Firm predicts the city’s housing inventory will grow slightly in the year ahead but says “low levels are expected to remain a concern.”

Techopia Live: Creative Layer has designs on greatness in personalized products field

CEO Nazim Ahmed's new firm has $3 million in fresh funding for its plan to capture major market share in burgeoning bespoke printing space.

Techopia Podcast: How Bandzoogle became the go-to website builder for musicians

When the pandemic hit, Ottawa-based Bandzoogle didn’t miss a beat. The online platform for musicians flipped its...

Rainbow Bistro gets $50,000 from business community

The Rainbow Bistro has been thrown a $50,000 lifeline by some blues-loving business executives. The venerable blues venue...

Q&A: Behind Fullscript’s US$240-million raise

Ottawa-based Fullscript just landed one of the biggest venture capital deals in the city’s history to help...

Minto prepares its portfolio for effects of climate change

The company released its first “environmental, social and governance” report Tuesday, outlining 18 specific initiatives it plans to focus on over the next five years.
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The narrative surrounding the Canadian tech sector often focuses on boom-and-bust cycles, brain drain, or the historical demise of past giants. But the numbers tell a different story. Driven by evolutionary waves from telecommunications to software-as-a-service, quantum computing, and artificial intelligence, the national technology ecosystem has quietly produced remarkable long-term enterprise value. New research shows that Ottawa tech unicorns have produced at least one billion-dollar firm every single decade, making it the highest per-capita producer of unicorns in the country. Moreso, local tech ventures account for a staggering three-quarters of all-time wealth creation in Canadian tech history, driving $1.4 trillion in wealth over the past 36 years. In this episode of Techopia Live, OBJ publisher Michael Curran celebrates Ottawa Innovation Week by speaking with tech veteran Sasha Gera, chief operating officer of HealWell AI. Gera shares his research and insights from his newly launched ledger, Unicorn North, highlighting how Ottawa stacks up against other major Canadian cities and why it remains the most productive, distraction-free destination for building sustainable, hundred-year companies. Chapters: 00:00 Intro 02:22 Introducing Sasha Gera 14:45 Sponsor Segment 17:57 Innovation Week 25:15 Closing and What’s Ahead at OBJ For more on Ottawa’s tech and innovation scene, visit https://obj.ca/techopia Subscribe to Techopia’s weekly newsletter here: https://obj121.activehosted.com/f/5
Techopia: Is Ottawa the country’s biggest tech wealth generator? | Episode 298

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