The Canadian Press

As ChatGPT marks one year anniversary, here’s how Canadian companies like Shopify, BlackBerry are using AI

Canadian companies have been keen not to ignore AI's capabilities as a technology that could disrupt their business or deliver efficiency and cost savings.

Canadian economy shrank 1.1 per cent in Q3 on annualized basis, StatCan says

The Canadian economy shrank in the third quarter amid weak business and consumer spending as well as lower exports.

Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

Small businesses lost more than $38 billion in revenue opportunities last year because of labour shortages, according to estimates from the Canadian Federation of Independent Business.

Google to pay $100M a year to Canadian news publishers in deal with feds

The federal Liberal government has reached a deal with Google over the Online News Act, following threats from the digital giant that it would remove news from its search platform in Canada.

Porter, Air Transat launch joint venture to gird against domestic competition

Porter Airlines and Air Transat have announced a joint venture as the two carriers look to expand their range of destinations and tap into each other's markets.

Canada Goose execs take on sales associate jobs on Black Friday

Their goal was to spend the day observing customers and employees before reconvening with ideas about how Canada Goose can drive more sales, traffic and productivity.

For Harley Finkelstein, Black Friday and Cyber Monday are akin to the Super Bowl

This year, the e-commerce heavyweight expected the Black Friday and Cyber Monday sales period to be just as frenzied, but something will be different: shoppers’ moods.

Mastermind Toys obtains creditor protection, wants permission to close some stores

Mastermind Toys, which has three Ottawa locations, says it has obtained an initial order for creditor protection as it faces financial challenges and a slowing economy.

Federal government’s new fiscal guardrails ‘helpful’ for monetary policy: Macklem

Bank of Canada Governor Tiff Macklem warns fighting inflation half-heartedly and living with its consequences would be a huge mistake.

Freeland’s fiscal update pledges new guardrails to keep deficits in check

Finance Minister Chrystia Freeland presented her fiscal update in the House of Commons on Tuesday, stressing the pressure inflation and a slowing economy are putting on federal finances.
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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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