Alphabet records $3.2B quarterly profit, despite massive EU fine
Google parent Alphabet on Monday reported second-quarter earnings that pleased Wall Street, even as it booked a $5.1 billion charge to cover a fine levied
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Alphabet records $3.2B quarterly profit, despite massive EU fine
Google parent Alphabet on Monday reported second-quarter earnings that pleased Wall Street, even as it booked a $5.1 billion charge to cover a fine levied
Feds fail to secure new buyer for Trans Mountain pipeline by deadline
The federal government is set to become the official owner of the Trans Mountain pipeline expansion after failing to quickly flip the project to another
Five Canadian business stories to watch this week
Aecon earnings Aecon Group Inc. releases second-quarter results after markets close on Thursday. The construction company, which was recently the target of a failed acquisition
Ottawa inflation rate rises to 2.5% in June
The price of consumer goods in Canada’s capital inched upwards last month, mirroring a national trend, Statistics Canada reported Friday. Ottawa’s annual inflation rate rose
‘Ghost kitchens’ emerge in Canadian food scene as delivery grows in popularity
George Kottas owns 15 restaurants in the Greater Toronto Area, but almost none of them have a dining room or takeout counter, and if you
EU fines Google a record $5B over mobile practices
European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record US$5 billion for forcing cellphone makers that use the company’s
Ontario government moves to take greater control of Hydro One executive salaries
Ontario’s new Progressive Conservative government introduced legislation on Monday that would give it sweeping new powers over executive compensation at Hydro One. The bill, dubbed
Five Canadian business stories to watch this week
Need for speed Rogers Communications Inc. discusses second-quarter results on Thursday. Rogers and rival BCE Inc. recently slashed prices for their ultra-high speed internet products
How to attract and retain top talent in Ottawa’s hot job market
Ottawa’s hot economy continues to add jobs month after month, leading to the region’s tightest labour market in a generation. Statistics Canada recently reported that
Throne speech promises to reduce ‘oppressive’ taxes, highlights Ford campaign promises
Ontario’s new Progressive Conservative government vowed Thursday to bring in sweeping changes meant to restore public trust in the province in a throne speech that
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