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Kinaxis shares fall as firm predicts 2024 revenues will come in on ‘lower end’ of guidance

Kinaxis’s share price fell nine per cent Thursday after the Kanata-based software powerhouse said its 2024 revenues...

‘End of an era’: Saslove’s Meat Market to close after 70 years in the ByWard Market

After a childhood spent helping out at his family’s butcher shop, John Diener took over ownership of Saslove’s Meat Market in the 1980s. On Wednesday, the popular ByWard Market retailer announced on Facebook it would be closing its doors after 70 years in business.

Op-ed: Geopolitics rises to the top of the corporate agenda

Geopolitics – once the domain of policy-makers, diplomats and scholars – has begun to draw substantial corporate attention as it starts to disrupt the business environment and affect the fortunes of companies.

AutoShack leases Rosefellow’s new 250K square-foot industrial building in Kanata

Montreal-based developer Rosefellow said Wednesday locally based auto parts retailer AutoShack has signed a deal to lease a soon-to-be-completed 248,000-square-foot building at 405 Huntmar Dr. in Kanata, just north of the Tanger Outlets mall.

Growth by design: Ottawa software firm Mydoma Studio acquired by California company

Ottawa’s Mydoma Studio, whose specialized project management software for interior designers now has about 5,000 users, was acquired by California-based Studio Designer last week.

Cost-cutting is leading some companies to hire “underqualified” staff, recruiting firms say

As businesses search for ways to cut costs, a majority of Canadian employers say they’ve been forced to hire “underqualified” staff due to recruitment budget constraints – a trend one recruiting firm says is playing out in Ottawa as well. 

Umicore pauses spending for Kingston EV battery plant pending review of EV market

Citing uncertainty in the EV market, global materials technology and recycling group Umicore is putting the construction of its new plant planned near Kingston on hold.

Former CFO of the Year Vanessa Kanu to join U.S.-based Aptar’s C-suite

AptarGroup, an Illinois-based company that specializes in consumer packaging and drug-delivery devices, announced last week that Vanessa Kanu will become the firm’s chief financial officer and executive vice-president effective Jan. 1, 2025.

Feds unveil $1.5B project to build new science facilities at National Research Council

The federal government is pumping $1.5 billion into two new facilities at the National Research Council of...

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