Canada & World

Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.

Higher interest rates to hit younger, middle income households: federal analysis

Younger, middle-income households will be among those that feel the biggest financial sting from the Bank of...

The corporate climb: Stalled progress for women in Canadian C-suites

None of Canada's TSX 60 companies were headed by a woman and two-thirds did not include a...

Canadians increasingly putting the ‘remote’ in working remotely

The telecommuting revolution envisioned by futurists, in which vast numbers of workers eschew their daily commute in...

Five Canadian business stories to watch this week

RBI earnings Restaurant Brands International Inc., the parent company of Burger King and Tim Hortons, discusses second-quarter results...

Province to open Ontario cannabis retail market to private sector: report

The Ontario government will reportedly allow private stores to sell marijuana once recreational cannabis becomes legal on...

Is Facebook’s day of reckoning a blip or sign of a broader turn?

Facebook faced a day of reckoning Thursday as its shares plunged in the biggest one-day drop in...

Loblaw anticipates higher food prices soon due to trade war

Canadians will likely have to pay more for certain food items soon as grocers grapple with the...

Telus leads $62M round of financing for Toronto-based startup League

A Canadian startup company has raised $62 million from Telus Ventures and other major backers to expand...

U.S. pot firm looking north to raise capital

Green Thumb Industries had a business plan, expertise and plenty of ambition to grow its marijuana business....

Alphabet records $3.2B quarterly profit, despite massive EU fine

Google parent Alphabet on Monday reported second-quarter earnings that pleased Wall Street, even as it booked a...
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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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