The Canadian Press

Canopy Growth shares fall as fourth quarter revenues rise, loss deepens

Shares of Canopy Growth slipped on Friday after the cannabis company reported an uptick in fourth-quarter net revenues but a wider-than-expected fourth-quarter loss

Nepean MPP Lisa MacLeod shifted to tourism portfolio amid Doug Ford’s cabinet shuffle

Nepean-Carleton MPP Lisa MacLeod is one of several high-profile ministers demoted in a major cabinet shuffle announced today by Premier Doug Ford

Feds greenlight northern airlines merger in wake of ‘monopoly’ warnings

The federal government has approved a merger between two northern air carriers that Canada's competition watchdog has said would amount to a monopoly on key routes

Canopy Growth shareholders approve proposed acquisition of Acreage Holdings

The approvals come after a U.S. hedge fund said that it will vote against the US$3.4-billion offer because it is 'unbelievably lopsided' in favour of Canopy Growth

Shopify to open U.S. fulfilment centres as part of expanded offerings

Shopify says it is expanding into fulfilment centres as it looks to grow its footprint in the highly competitive world of online retail

Trans Mountain pipeline expansion gets second green light from feds

Trudeau says construction will restart this construction season, but there is no specific date yet

Five Canadian business stories to watch this week

Shopify's annual conference and earnings from Canopy Growth are among the stories to watch this week

Pot edibles, topicals and extracts to hit shelves no earlier than mid December

The federal government says a "limited selection" of edibles and other next-generation cannabis products will hit retail shelves no earlier than mid-December 2019

Update: Shares in Gatineau’s Hexo drop as earnings fall short of expectations

Hexo Corp. says it plans to launch hemp-derived CBD products in eight U.S. states in 2020 under Truss, its joint venture with Molson Coors

Canada well positioned to benefit from non-meat alternatives: Beyond Meat founder

The transition from animal meat to plant-based alternatives will unleash a new era of agricultural productivity and Canada is well-positioned to benefit, experts say
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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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