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.

Military procurement officials hopeful years of troubles finally behind them

For anyone hoping the Liberal government plans to blow up Canada's much-maligned military procurement system, Patrick Finn...

Cogeco strikes biggest deal in 60 year history with US$1.4B MetroCast purchase

Cogeco Communications inked the biggest acquisition in its 60-year history on Monday with a $1.4-billion deal to...

Ottawa-Frankfurt Air Service pays off for local businesses

Since 2008, Air Canada has offered non-stop service from Ottawa (YOW) to Frankfurt, Germany (FRA).  Not only is...

Ontario seeks public input on $15 minimum wage

Ontario's bid to raise the minimum wage to $15 an hour – a move that is feared...

Ontario seeks public input on $15 minimum wage

Ontario's bid to raise the minimum wage to $15 an hour – a move that is feared...

Five Canadian business stories to watch this week

Talking drugs and politics: The Jean Coutu Group holds its annual meeting Tuesday after reporting its first-quarter...

Five Canadian business stories to watch this week

Talking drugs and politics: The Jean Coutu Group holds its annual meeting Tuesday after reporting its first-quarter...

Ottawa Citizen owner Postmedia turns $13M net profit in Q3 after cutting costs

Postmedia Network Canada Corp. is reporting a $13-million net profit in its fiscal third quarter, as cost...

Ottawa Citizen owner Postmedia turns $13M net profit in Q3 after cutting costs

Postmedia Network Canada Corp. is reporting a $13-million net profit in its fiscal third quarter, as cost...

Microsoft laying off thousands of global workers in sales shakeup

Microsoft is laying off thousands of employees in a shake-up aimed at selling more subscriptions to software...
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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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