Canadian small businesses rack up $135B in debt to survive pandemic: Report
Survey suggests the average small business owner has accrued $170,000 in debt, with businesses in the hospitality, recreation and service sectors most indebted.
Skip to content
The Canadian Press
Purolator expanding rural facilities amid demand from remote workers
Investment highlights how COVID-19 and the increasing prevalence of remote work are changing residential and commercial patterns across Canada.
Canada, Australia agree to co-ordinate efforts on regulation of online platforms
The growing co-operation between the two countries comes as Facebook backed down on a ban it introduced last week that prevented Australians from viewing and
Canadian banks, bellwethers of pandemic recovery, to reveal key statistics this week
Canadian bank leaders will likely give analysts insight on how the economy is recovering in different sectors, such as mortgage borrowing, credit card spending and
Ottawa, Kingston hairdressers apply lessons from 2020 rollercoaster ride to manage reopening rush
Some salons are looking to hire extra help to keep up with the hundreds of bookings that have piled up since January.
Ottawa’s inflation rate accelerates to 1.8%
The longer price weaknesses prevail across the country, the longer interest rates are likely to stay low
Shopify to focus on fulfilment, international merchants after US$124M Q4 profit
Ottawa-based e-commerce firm’s revenue totalled US$977.7 million, up from US$505.2 million in the last quarter of 2019.
Hexo to acquire Zenabis in $235M deal, gain European pot market foothold
The companies believe the deal will help Ottawa-based cannabis producer access the European medical cannabis market through Zenabis’ partnerships.
Canopy Growth reports $829.3M Q3 loss, expects to reach profitability next year
The loss amounted to $2.43 per diluted share for the quarter ended Dec. 31, compared with a loss of $109.6 million or 26 cents per
Second Cup Coffee Co. to be sold to Big Rig owner Foodtastic
Mississauga-based Aegis Brands didn’t disclose Second Cup’s sale price but said it includes $14 million in cash, plus a post-closing earn-out.
Get our email newsletters
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
The Latest
Video
OBJ360
Sponsored
Sponsored
The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
EXPERT BLOGS
In the age of AI, trust and authenticity matter more than ever
The Canadian Press
2026 Marks a new chapter for Ottawa
The Canadian Press
