The Canadian Press

Ottawa’s inflation rate accelerates to 1.7%

Nationally, rising food prices push annual rate of inflation 0.7% higher in October

Bank of Canada governor says country needs to pick up pace on tackling climate change

Financial institutions must better gauge what risks they face from extreme weather, or rough transitions to a low-carbon economy, Macklem says.

Five Canadian business stories to watch this week

A preview of some of the stories that will be making headlines in the coming days.

Closed theatres, nervous moviegoers push Cineplex to $121.2M Q3 loss

To lure moviegoers back, the company will heavily market affordable private theatre rentals ahead of the holiday season

Canada must regulate AI to protect privacy and human rights: watchdog

Privacy commissioner calls for legislation to regulate the use and development of AI systems.

Extra income support for hard-hit workers may not stick around post-pandemic, Trudeau says

A new round of $500-a-week benefits for the unemployed has since been put in place and extended to next summer.

Canopy Growth reports Q2 loss, but is optimistic about future amid Joe Biden win

Smiths Falls firm believes legalization initiatives passed in Arizona, Mississippi, Montana, New Jersey and South Dakota will be good for business and the cannabis culture at large.

Five Canadian business stories to watch this week

A preview of some of the stories that will be making headlines in the coming days.

Five Canadian business stories to watch this week

A preview of some of the stories that will be making headlines in the coming days.

Canadian cannabis, psychedelics industries cheer state measures in U.S. election

Gaining a U.S. toehold could be a step to reversing layoffs hitting cannabis companies, Canadian pot producers say.
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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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