Transat warns of ‘abusive’ bid by Group Mach, files complaint with regulator
Transat is warning shareholders against an “abusive, coercive, misleading” move by Montreal real estate developer Group Mach to block the tour operator’s sale to Air
Skip to content
Canada & World
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.
CRGroup finds its silver lining in the cloud
Merger with Quisitive means faster growth and need for new hires
Five Canadian business stories to watch this week
Air Canada, SNC-Lavalin and Enbridge will all report earnings this coming week in Canadian business
Amazon’s spending on quick delivery is squeezing its profits
Spending on next-day Prime delivery is ‘a necessary strategy to compete with brick-and-mortar’s speed advantage to the customer,’ analyst says.
Loblaw’s ‘overzealous’ algorithm use sees sluggish same-store sales growth
Algorithms focused on profitability and increased margins decreased the emphasis on promotions to bring customers into the stores.
FTC fines Facebook $5B, pins privacy onus on Zuckerberg
Federal regulators have fined Facebook $5 billion for privacy violations and are instituting new oversight and restrictions on its business
Quebec has no plans to offer struggling SNC-Lavalin a bailout: Minister
Quebec Economy Minister Pierre Fitzgibbon said Wednesday the province will not offer financial help to SNC-Lavalin Group Inc. in spite of the construction giant’s woes
Feds officially launch contract to supply 88 new fighter jets
Canada is officially asking four companies to send in their bids to supply a new fleet of fighter jets for the Royal Canadian Air Force
Bank of Canada lowers qualifying rate used in mortgage stress tests
The Bank of Canada has lowered the rate used by mortgage stress tests to determine whether would-be homeowners can qualify, marking the first drop in
Study says rents in most cities are unaffordable for lower income earners
A minimum-wage worker could afford to rent in just a few neighbourhoods in Canada, suggests a new analysis of the country’s rental market that also
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
Sueling Ching
