Five Canadian business stories to watch this week
Foreign buyers CMHC will release a report on foreign buyers in the condo market on Monday. Foreign buyers taxes were enacted in B.C. in 2016
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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.
Royal Bank hikes dividend as it reports $3.2B net income in first quarter
Royal Bank of Canada raised its dividend as it reported quarterly net income of $3.17 billion, up from $3.01 billion a year ago, matching market
Grocer Loblaw reports sluggish food sales, touts e-commerce progress
Canada’s largest grocer reported sluggish same-store sales in its food business during its latest quarter, but touted growth in its online offerings after the company
Telus says a federal government ban on Huawei equipment could set back 5G network plan
Telus Corp. acknowledged Thursday that the deployment of its fifth-generation wireless network could be delayed and be more expensive than anticipated if the federal government chooses
Robertson Martin Architects helps make ‘art meet science’ in You.i TV’s Kanata headquarters
Robertson Martin Architects embraces challenge to make ‘art meet science’ in You.i TV’s Kanata headquarters
Marking milestone, Merkburn Holdings celebrates 50th anniversary
Merkburn Holdings cofounder William Burnside has a humble explanation for the firm’s longevity in Ottawa’s property market: “Happenstance.” But in an industry that’s constantly changing,
Gatineau’s Hexo, Molson Coors to unveil cannabis-based beverages in fall
Molson Coors Brewing Co. plans to continue focusing on offering more premium and innovative drinks, including a soon-to-be launched line of cannabis-infused beverages, as it
Presdelicious returns to Preston Street
Popular foodie event to run from March 1 to 10
Smaller companies fear they’ll be unable to pass on carbon tax costs: poll
A large proportion of small- and medium-sized businesses soon to be subjected to Ottawa’s carbon tax worry they’ll be unable to pass along the bulk
Five Canadian business stories to watch this week
Shopify update Shopify Inc. will announce fourth-quarter results on Tuesday. The Ottawa-based tech giant recently announced it was launching a venture called Shopify Studios that
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