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Telesat posts Q3 loss as customers scale back services

Ottawa-based company generated revenues of $192 million for the three-month period ending Sept. 30, down from $202 million a year earlier.

Canopy Growth delays profitability target after reporting $16.3M loss in Q2

Smiths Falls-based cannabis company previously predicted it would be profitable in the second half of its 2022 financial year, but now says reaching that goal will take longer.

Ottawa-Gatineau’s jobless rate drops to 5.1% in October

That’s the lowest the rate has been since the dawn of the pandemic in March 2020, but it's mainly the result of a shrinking labour force, Statistics Canada says.

Kinaxis raises guidance amid surging demand for supply-chain software

Ottawa firm says it’s now expecting revenues of between $248 million and $250 million for fiscal 2021, up from previous projections of $242 million to $247 million.

Business owners delaying exit timelines due to pandemic uncertainty

Selling or exiting a business is typically the culmination of several years of planning – efforts that,...

ProntoForms boasts big customer wins as ‘steady growth’ continues in Q3

Software firm reported total revenues of $4.89 million for the three-month period ending Sept. 30, up from $4.55 million a year earlier.

‘A natural fit’: Marketing expert says Quickie-MacEwen union a winner

Deal combines "two really well-managed brands that have been pretty diligent about keeping modern and keeping up standards in their facilities," uOttawa professor Mike Mulvey says.

The legendary Jack Nicklaus excites golfers with presence at Ottawa Celebrity Sports Dinner

It was a hole-in-one kind of evening as arguably the greatest golfer of all time, Jack Nicklaus,...

Environmental research firm sold to T.O. company

LGI Copy Service Canada helps clients conducting environmental assessments research land-use patterns to determine if a property might be contaminated.

Rental surge could be factor in housing supply crunch, OREB says

Board president suggests owners of rental properties who might have put them on the resale market in the past are retaining homes and condos “for investment purposes.”
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