The Canadian Press

Take commercial landlords ‘out of the equation’ for rent relief: CFIB

Business organization says the bar to qualify for rent relief has also proven to be too high for businesses.

No plans to roll back Ottawa’s economic reopening despite rising COVID-19 cases, Ford says

Ottawa reported 25 new cases of the novel coronavirus on Tuesday.

Five Canadian business stories to watch this week

Shopify holds Q2 earnings call Wednesday.

Consumers flocked to online shopping as pandemic hit, with e-commerce sales up 99%

But experts say shoppers are likely to return to brick-and-mortar stores.

COVID-19 tracing app starts beta testing after three-week delay

Volunteers from Shopify were part of a team that developed the app.

Empire plans 20 new Farm Boy locations across Ontario

Sobeys and Safeway owner also plans more e-commerce investments planned across network.

Ottawa inflation rate accelerates to 1.2%

Nationally, June inflation rate turns positive amid early stages of economic reopening

Walmart to renovate Cornwall distribution centre as part of $3.5B Canadian investment

Walmart Logistics arrived in Cornwall in 1999 and currently operates two distribution centres, each 1.5 million square feet in size, in the city.

Automotive sector helps Canadian retail sales surge 18.7% in May: StatsCan

Sales were buoyed by government income-support programs and consumers satisfying pent-up demand – both of which could fade in the second half of the year, economist says.

Five Canadian business stories to watch this week

A preview of some of the national business news that will be making headlines in the days ahead.
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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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