The Canadian Press

TD Bank acquires Toronto artificial intelligence startup Layer 6 AI

Toronto-Dominion Bank is acquiring artificial intelligence startup Layer 6 AI for an undisclosed amount as financial services...

Companies divided on raising prices or slashing benefits to handle wage hike

Signs announcing price increases and letters to employees slashing benefits have grown rampant in Ontario, revealing two...

Rate hike argument builds as poll shows companies to hire, invest more

Canadian companies are more upbeat about the future than they were three months ago with firms planning...

CIBC acquires tech-savvy Wellington Financial

CIBC has signed a deal to acquire Wellington Financial as part of its plan to grow its...

Five Canadian business stories to watch this week

Bank of Canada reveals business outlook The central bank's quarterly survey of companies is released on Monday, and...

Ontario premier accuses Tim Hortons’ founders’ children of bullying employees over minimum wage hike

The premier of Ontario lashed out at the children of Tim Hortons' billionaire co-founders on Thursday for...

Air Transat and regulator sued over stranded planes in Ottawa

An air passenger rights advocate is suing the Canadian Transportation Agency and Air Transat over decisions related...

To offset minimum wage hike, several Tim Hortons franchises owned by children of chain’s co-founder reduce employee benefits

Employees at the Tim Hortons locations owned by the children of the co-founders of the franchise say...

Canadian vehicle sales hit record high in 2017

Canadians last year purchased more than two million vehicles for the first time thanks to record sales...

BlackBerry QNX selected to work with China’s Baidu for driverless vehicles

Chinese search-engine giant Baidu Inc. has selected BlackBerry Ltd. to provide the safety operating system for the...
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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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