OBJ staff

Real estate veteran Karam named new head of CBRE’s Ottawa office

The University of Montreal graduate has spent nearly a decade with the firm in various project management roles.

Province moves up reopening date of retail, outdoor activities to Friday

Ford government pointed to rising vaccination rates and continuing improvements in “key indicators” such as the seven-day average of daily cases of COVID-19 as factors in its decision.

Builders propose mixed-use highrise for corner of O’Connor and Nepean streets

Glenview Homes and Taggart Realty Management want to build a 27-storey tower with 295 apartment units and 1,300 square feet of ground-floor retail space.

Cleantech firm Thermal Energy closes fiscal year with record-setting orders

Coming off a money-losing quarter in which its revenues fell significantly year-over-year, Ottawa cleantech firm Thermal Energy...

Podcast: A new ByWard Market hotel, Ottawa Tourism prepares for 2022, Dairy Distillery’s fresh funding

Watch on YouTube or listen on Spotify, SoundCloud and other audio platforms.

City committee backs developer’s bid for $350K brownfield grant for Westboro site

Azure Urban Developments wants to build a 25-storey highrise with 264 apartments and 160 underground parking spaces at 2070 Scott St.

Ottawa-Gatineau’s jobless rate jumps to 7.6% in May

The size of the region’s labour force ​– which includes people who are actively looking for work ​– increased by 9,500 to an all-time high of 832,000 last month.

Home prices continue surge, but supply grows in May: OREB

The average residential-class property in the capital sold for $741,000 in May, an increase of 35 per cent over the same month a year ago.

Ottawa-based Avivagen sees Q2 revenues jump

Life sciences firm produces supplements aimed at replacing antibiotics in cattle feed.

City committee approves proposed tax on vacant residences

Proposal would see owners of residential properties that are vacant more than 184 days a year pay a one per cent tax tacked onto their annual property tax bill.
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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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