Shopify to launch new revenue-share model, faster transactions as competition grows
Ottawa firm says that as of Aug. 1 it won’t take any share of the first $1 million in revenue developers make every year on
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The Canadian Press
Ottawa Centre MP McKenna won’t seek re-election, plans to focus on family and climate change
Minister McKenna says as she leaves politics she will use what platform she has to push for climate action and an end to the hateful
Cannabis company Hexo reports $20.7M Q3 loss, revenue edges higher
Ottawa-based firm’s net revenue totalled $22.7 million, up from $22.1 million in the same quarter last year.
Air Canada to recall 2,600 workers as demand for travel bounces back
Move fuelled by increase in vaccinations, decline in COVID-19 cases and easing of governments restrictions.
Canopy Growth CEO ‘really bullish’ on U.S. pot legalization after recent reforms
Smiths Falls-based cannabis firm reported a net loss of nearly $700 million in its fourth quarter, down from a loss of $1.3 billion in the
TekSavvy won’t bid in wireless auction, may raise prices after CRTC rate decision
The CRTC reversed a 2019 decision that lowered the rates smaller providers such as TekSavvy pay to piggyback on the networks of larger cable and
Banks face questions about deploying cash as they ease up on reserve building
Executives from the country’s most prominent banks faced questions from analysts Thursday about what they’d do with all the cash they are sitting on.
Siemens Mobility beefs up Canadian transit capabilities with purchase of RailTerm
LRT projects in Ottawa and Gatineau among the mass transit opportunities in Canada attracting attention.
Small businesses squeezed by chip shortage, worry tech giants will be supplied first
Large companies are overcorrecting by ordering huge quantities of chips to keep as inventory, exacerbating the shortage.
Hexo eyeing private label strategy as it charts U.S. expansion
CEO of Ottawa-based firm says arrangement would leverage Hexo’s technology to help multi-state operators boost their product quality and margins while lowering costs.
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