High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can handle the rising interest rates needed to tame inflation, central bank says.
Stockholm-based firm's first-ever M&A deal adds about two dozen former DragonWave employees in the National Capital Region to the company's growing North American base in Kanata.
Ottawa-born BeaverTails is among the chains that are looking to expand their national footprints as consumers start shopping and eating out in greater numbers.
Move comes six months after Zipes left Shopify, where she played a key role in building and leading the e-commerce powerhouse’s legal team from pre-IPO through the pandemic.
Ottawa firm's platform tracks metrics such as how many customers are entering stores, where they're most likely to gather and how long they wait in line at the checkout counter.
This amount is complemented by $740,000 for fee and development charge waivers from the City of Ottawa and $4 million in Ontario Priorities Housing Initiative funding.
Company says 53.68 per cent of shareholders, excluding founder and chief executive Tobi Lütke, voted in favour of a plan to grant him key voting power at the company.