The Canadian Press

With inflation below target, BoC expected to deliver supersized rate cut this week

Rising costs remain among key concerns for businesses: BDC report

A new report says rising costs will likely remain a key concern for businesses. The study by the...

Annual inflation falls to 1.6% in September, smallest yearly increase since 2021

Statistics Canada says the annual inflation rate continued to slow in September as drivers paid lower prices...

CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home sales

The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year...

Tight deadlines on software projects can put safety at risk: survey

A new survey says a majority of software engineers and developers feel tight project deadlines can put safety at...

Industry minister echoes Shopify calls to boost ambition in Canada

Canada's industry minister has thrown his support behind a call from one of Shopify Inc.'s leaders for the country to get more ambitious.

Lack of ambition in Canada creating ‘600-pound beaver in the room’: Shopify president

The president of Ottawa-based e-commerce giant Shopify is calling on Canada to address a problem he calls...

Small businesses to receive five years’ worth of carbon rebates in December

Finance Minister Chrystia Freeland says owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year.

How Indigenous relations specialists are bringing reconciliation to the workplace

When Annie Korver sits down with a new corporate or small business client, she encourages them to focus first on the "truth" part of Truth and Reconciliation.

Economy to grow moderately, rates to fall below three per cent next year: Deloitte

Deloitte Canada expects economic growth to pick up next year as it forecasts the Bank of Canada to cut its key interest rate below three per cent by mid-2025.
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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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