The Canadian Press

Black-owned restaurateurs expect long recovery times from pandemic lows

Black entrepreneurs say they face extra challenges in an industry notorious for low margins, high staff turnover and long hours.

Feds to launch procurement for high-frequency rail connecting Toronto, Ottawa, Montreal and Quebec City

The project also proposes new high-frequency rail stations along the corridor and plans to reduce trip times by 25 per cent.

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 products they design for the company's software.

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 comments and personal abuse targeting public figures.

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 same quarter last year.

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 phone companies.

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.

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