The National Capital Region may not be Hollywood North, but it is starting to make a name for itself as a great location for lower-budget movies in the $1 million to $10 million range.
Ottawa Business Journal
The region’s growing film industry is the cover story in the next print edition of the Ottawa Business Journal.
OBJ talked to a number of people in the industry, like Rob Menzies, a co-owner of Zed Filmworks who says lower labour and rental costs makes Ottawa a cheaper alternative than Toronto and Vancouver.
“The lack of a sound stage in the city is still a bit of a stumbling block. There have been attempts in the past to bring one to town. Those haven’t panned out yet,” says OBJ print editor David Sali. “So, there’s still issues but it sounds like there is growth and opportunity on the horizon for the movie industry in Ottawa.”
The city’s cleantech sector is also an area for growth and opportunity, according to a recent Kanata BIA study.
There is a movement to boost that sector across the country as the B.C. Cleantech CEO Alliance called on Justin Trudeau to take a closer look at the issue. OBJ talked to several Ottawa-based cleantech CEOs who agree with their B.C. counterparts, including Kevin Loiselle of Clearford Water Systems. He had to turn to a Swiss venture capital firm to back his firm’s projects.
The March 14 OBJ also includes the latest Techopia print edition with all the latest news from the Ottawa tech scene, including a profile on a University of Ottawa professor who is making a name for himself in the bio-hacking world. Andrew Pelling has successfully grown human tissue on an apple and is looking to disrupt the regenerative medicine sector, which is estimated to be worth $67 billion by 2020.
Regular columnist Jeffrey Dale is also back in the OBJ this issue, calling on Canada’s tech clusters to work together to come up with a national innovation strategy to make Canada more competitive on the world stage.
The print edition will be in all news boxes by Monday and will be available digitally, at obj.ca by 5 p.m. Friday.