Unlocking Growth
Ottawa is well-positioned to achieve significant economic prosperity. As Canada’s capital, it combines the influence of national institutions and global diplomacy with a vibrant innovation economy and a highly educated, bilingual workforce — a critical asset in today’s interconnected world.
The region generates over $82 billion in annual GDP, fueled by a diverse mix of the public sector, a strong technology sector, and a resilient tourism industry. Notably, Ottawa is home to more than 1,800 tech companies employing over 63,000 individuals. The city ranks as the 4th-best startup ecosystem in Canada and 67th globally (StartupBlink, 2024).
Global success stories like Shopify, Assent, and Kinaxis originated and scaled here, underscoring the city’s capacity to nurture high-growth ventures. Ottawa’s strategic advantages, including access to the federal government, leading research facilities, and international markets, provide a distinct competitive edge. Furthermore, its exceptional quality of life — consistently ranking high globally for safety, green spaces, and work-life balance (Numbeo, 2024) — makes it a magnet for top-tier talent.
For Ottawa to transform its numerous startups into globally competitive scale-ups and enhance productivity, we must remove barriers to growth, invest in SME adoption of digital tools — specifically artificial intelligence — and help businesses access capital and export to new markets.
Let’s unlock growth in Ottawa to realize our full economic potential, significantly improve national productivity, and establish Ottawa as a leading G7 economy.
Shape business competitiveness in Ottawa.
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