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.

Hexo co-founder Adam Miron steps down as chief brand officer

One of Hexo’s co-founder is saying farewell to the Gatineau-based pot producer, hinting that he’s looking to...

Who’s winning federal contracts in Ottawa-Gatineau?

A $6.2M deal for Pacific Safety Products leads the latest round-up of the top federal contracts, standing offers and supply arrangements awarded to local firms

Landlords pivot to capitalize on changing demands of Ottawa-area tenants

Demand growing for high-end units, particularly in communities outside central Ottawa

Algonquin College names Claude Brulé as new president, CEO

Algonquin College has tapped a 20-year veteran of the post-secondary institution to succeed the outgoing Cheryl Jensen and lead it through the next five years

Ottawa-area cannabis grower apollogreen cleared to produce ‘starter plants’

A local company has been given the green light from Health Canada to grow cannabis “starter plants” that it plans to sell to licensed pot producers

Ottawa’s annual inflation rate settles to 1.9% in June

Ottawa’s annual rate of inflation rose at roughly the same rate as the rest of the country in June, as both figures came down from a spike the month before

Cannabis venture capital firm Canopy Rivers reports $1.8 million Q4 loss

Canopy Rivers, the venture capital arm of Smiths Falls-based cannabis company Canopy Growth, swung to a loss in its latest quarter as its operating expenses soared

Who’s winning federal contracts in Ottawa-Gatineau?

A $26-million contract for Thales Group leads the latest round-up of local firms winning work with the federal government

Custom Ottawa Monopoly board filled up with local businesses

Ottawa businesses have come out in force to fill the familiar streets lining the capital’s first official Monopoly board

How Sens fans, local business and grassroots community activities send kids to camp

More than 2,000 children in 2018, including new Canadians and children dealing with health challenges, participated in the SENS Campership Program.
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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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