The Canadian Press

Ottawa home prices expected to decrease two per cent this fall, Re/Max says

The average price of a residential property in the capital was $550,933.75 at the end of August, down 1.1 per cent from a year earlier, real estate network says in its fall market outlook.

Labour shortage, pandemic savings to soften blow of short-lived recession: report

Tight job market means unemployment might not rise as much as it typically would during a recession, Deloitte says in its latest Canadian economic outlook.

Canopy Growth to sell Tweed, Tokyo Smoke stores to OEGRC and Four20 owner

New deals will see OEGRC, which already owns 64 Tokyo Smoke stores, take control of 23 Tokyo Smoke and Tweed stores across Manitoba, Saskatchewan and Newfoundland and Labrador.

Office safety concerns grow as border restrictions ease, possible COVID-19 wave looms

Worker shortages mean many employees have additional leverage to push their bosses to accommodate their desire to keep working remotely, Ottawa lawyer says.

Ontario government investing $90 million in skilled trades programs

The province says the funding opens on Thursday to anyone who is unemployed or underemployed.

July travel on an upward trend, but is still a fraction of pre-pandemic levels

The agency says the number of trips by U.S. residents in July was 2.2 million, 11 times the number of trips taken in July 2021 but still about 60 per cent of the trips reported in July 2019.

Tech sector says more job cuts to come as Elevate conference gets underway

Recent data counts 630 startups worldwide which have let go of 80,902 employees this year alone. About 1,193 startups have laid off 176,874 workers since the pandemic began.

BDC launches $500M investment platform to help boost women led businesses

The $500-million investment platform will support the growth and economic impact of Canadian women-led businesses, as women continue to face an uphill battle in the business world.

Canadian employers sought to fill nearly one million jobs in Q2

Statistics Canada says employers were actively seeking to fill 997,000 jobs in the second quarter, the highest quarterly number on record.

Canada’s inflation rate cools in August but grocery prices continue to climb

In its latest monthly consumer price index (CPI) report, Statistics Canada said grocery prices rose at the fastest rate since 1981, with prices up 10.8 per cent compared with a year ago.
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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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