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 sharing news on its platform.

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 small business loans.

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 share a year earlier.