The Canadian Press

Mass layoffs don’t deter tech workers as they stick with sector, look to startups

Layoffs tracker Layoffs.fyi has counted layoffs at 788 companies worldwide, resulting in at least 120,699 workers losing their jobs.

Canada’s annual inflation rate was unchanged in October

Canada’s annual inflation rate held steady at 6.9 per cent last month.

Canadian October home sales up from September, first monthly increase since February

The Canadian Real Estate Association says home sales in October posted their first monthly gain since February. The...

Canadians, economists alike saw little relief from inflation in October: forecasters

Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last month.

Employers concerned about worker burnout, retention amid tight job market: survey

A new survey says Canadian employers are concerned about employee burnout and high turnover amid the ongoing labour shortage.

Canada’s low unemployment rate is unsustainable, contributing to inflation: Macklem

Canada's low unemployment rate is not sustainable and is contributing to decades-high inflation, Bank of Canada governor...

Ont. AI sector saw big job gains recently, but won’t be unscathed by downturn: report

Research shows Ontario's artificial intelligence industry saw tremendous growth before this year's broader tech downturn materialized, but...

UPDATED: Canopy Growth CEO hopeful for cannabis reforms after U.S. midterms

The head of Canopy Growth Corp. has high hopes for the U.S. Senate and potential cannabis legislation...

Small businesses welcome federal government’s promised action on credit card fees

The government's mention of credit card transaction fees in last Thursday's fall economic statement is “a step...

‘I love Ottawa’: Canadian actor Ryan Reynolds confirms interest in buying Senators

The rumours are true – Ryan Reynolds wants to buy the Ottawa Senators. Tonight Show host Jimmy Fallon asked...
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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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