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.

Royal Canadian Mint says phoney gold bar was a counterfeit attempt

The Royal Canadian Mint says a phoney gold bar sold to a jeweller by an Ottawa bank...

WestJet third quarter profit up from year ago as it carries more passengers

WestJet Airlines Ltd. saw its third-quarter profit grow by about 20 per cent compared with a year...

Liberals to delay billions in planned infrastructure spending

The federal Liberals plan to shift just over $2 billion in planned infrastructure spending to future years,...

Five things to watch for in the Canadian business world in the coming week

Shopify's CEO addresses claims from what he called a "short-selling troll" and other stories to watch in Canadian business this week.

Coworking space demand soars as career patterns shift, firms cut costs: experts

A deal between one of Canada's oldest retailers and a fast-growing U.S. startup that wants to convert...

Roots shares plunge in trading debut on TSX amid challenging retail environment

Shares of retailer Roots Corp. had a less-than-stellar initial public offering, plummeting more than 16 per cent...

Chinese company inks deal to buy Aecon Group

Aecon Group Inc. (TSX:ARE) has signed a deal to be acquired by CCCC International Holding Ltd. in...

Update: Bank of Canada holds interest rate, suggests future hikes will come at a more cautious pace

The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested...

Census: Home ownership rates take historic dip as more Canadians opt to rent

Not everyone wants to own a home these days, Evan Siddall concedes – not even his own...

Liberals use a third of their economic windfall for new tax measures, spending

The Trudeau government is dedicating about a third of the windfall it's expecting from Canada's surprisingly strong...
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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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