Ottawa

Ottawa-specific coverage of local business news, including tourism, retail, transportation, city hall and more. Issues related to human resources and philanthropy are often featured.

U.S. court dismisses class-action lawsuit against Ottawa-based Hexo

Shareholders claimed the pot producer misled them and failed to disclose problems with the business.

Canopy Growth laying off 75 staff in North America, mostly in Smith Falls

Cannabis company says it remains on the path to profitability in the coming fiscal year.

Philanthropy in Ottawa: Tobi Lütke and Fiona McKean support community COVID-19 relief efforts

A year into the pandemic, social services are still under strain as many of their clients continue to struggle through the pandemic.

Shopify execs launch angel fund aimed at women, non-binary founders

Backbone Angels will focus on assisting Black and Indigenous founders as well as other business leaders of colour. 

Eastern Ontario physio clinic expands online for remote patient care

The clinic's first-ever online order made it an international business through a sale to a customer in Russia.

Ottawa’s Kaminski family sells stake in fast-growing agricultural fund to Montreal firm

Launched in 2009, Bonnefield now manages more than 134,000 acres of agricultural land worth nearly $1 billion, up from 110,000 acres valued at $750 million just 18 months ago.

KPMG acquires Kanata accounting firm in bid to boost SME customer base

The accounting giant said this week it’s finalized an agreement to buy Vanguard Professional Corp.

Media exec Caroline Andrews joins Engel & Völkers Ottawa

Her distinguished career has included publishing some of the country’s most iconic magazine brands, but now, Andrews is turning her attention to Ottawa’s hottest industry: Real estate.

Ottawa celebrates International Womxn’s Week

Celebrate International Womxn's Week alongside Invest Ottawa and other local leaders.

Ottawa, Kingston hairdressers apply lessons from 2020 rollercoaster ride to manage reopening rush

Some salons are looking to hire extra help to keep up with the hundreds of bookings that have piled up since January.
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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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