The Canadian Press

WestJet breaks ranks with carriers to offer refunds to some customers

Pivot follows months of backlash as consumer advocates and thousands of passengers continue to demand their money back for services paid for but never rendered.

Sail Outdoors Inc. files for bankruptcy protection amid COVID-19 pandemic

Sail Outdoors Inc. has filed for bankruptcy protection so it can restructure amid the COVID-19 pandemic. The Laval,...

Ericsson, Nokia land 5G contracts from Canadian telecom firms

Contracts are seen by some to be a major hit to Huawei's ambitions to be a player in Canada's 5G network.

Ottawa facility part of Bell Canada’s deal to sell 25 data centres for $1.04 billion to Equinix

The Bell deal will add 25 data centres at 13 locations in eight cities.

Ontario makes temporary change to layoff regulations to help businesses

Government is expected to announce today that it will amend the Employment Standards Act, which requires businesses to terminate employees who have been laid off for 13 weeks.

Five Canadian business stories to watch this week

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

Canopy Growth reports $1.3B Q4 loss; plans to tighten focus on select markets

‘Being first isn't a sustainable strategy’

Huawei’s ambitions for Canada stalled by rift with China, security expert says

Huawei has a major research and development centre for 5G and 6G technology in the National Capital Region, where several hundred people work at its Kanata-based research facility.

BMO, RBC Q2 profit down as provisions for credit losses soar

RBC and BMO both missed analyst's profit expectations, but National and Scotiabank beat what was forecast for them.

Five Canadian business stories to watch this week

Canopy Growth's fourth-quarter results, bank earnings and new GDP figures are among the stories expected to make 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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