McDonald’s restaurants across Canada are celebrating the company’s 50th anniversary in Canada with an offer of cheap hamburgers for a large part of Wednesday. This may be the only event of the summer that isn’t trying to hitchhike

Perhaps the best way to look at the National Capital Region’s $5-billion-a-year tech industry is that it survived the very worst that could be hurled at it. Bruised by the collapse of Internet share prices in 2000, the sector was brought to it

When a company suddenly loses $350 million in market value, as Kinaxis did last week, it’s ordinarily a time for serious soul-searching. Not this time. “We show up everyday and punch the giants in the nose,” says John Sicard, the c
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Summer Report 2017

Posted 4 days ago by OttWatch in category Invest Ottawa with 0 Comments 

My oh my, do we ever have a lot to share with you today. Ottawa sure has lacked its traditional sunny weather recently, but that hasn’t stopped Ottawa’s economy from heating up! And the timing couldn’t be better, as Ottawa was named Canada’s t

The jobless rate in the national capital jumped for the fourth straight month and now sits at its highest level since September 2016, according to Statistics Canada. The government department reported Friday that the unemployment rate in Ottawa-Gati
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The recent proposed changes to federal income tax legislation are being characterized by the federal Department of Finance as a crackdown on the wealthy. Take a closer look at the proposals, and their inevitable impact, and you’ll find a radically d

After a couple of months of seeing nearly double-digit price gains, the Ottawa housing market in July returned to more typical patterns. Prices for Ottawa homes sold through the multiple listing service climbed 5.3 per cent year over year in July, r

Unexpected storms in Toronto and Montreal forced as many as 20 flights to be diverted to Ottawa on Monday, according to officials. The sudden arrival of planes, coupled with extreme delays for flights waiting to depart for storm-ridden Toronto, caus

Shopify significantly outpaced consensus forecasts in its second quarter for both revenues and earnings. The Ottawa firm Tuesday reported revenues had climbed 75 per cent year over year to $151.7 million compared to consensus estimates of $143.6 mil

The controversial Rideau Street bar that saw a homicide and stabbing outside its doors last month will shut down, according to Rideau-Vanier Coun. Mathieu Fleury. Fleury tweeted out the news about Mingle Room on Monday, after holding several talks w

DragonWave’s secured creditors have filed an application with the Ontario Superior Court of Justice to appoint a receiver over the firm’s business. Comerica Bank and Export Development Canada are seeking a court-supervised sale of Dragon

Little more than two years after Shopify first sold shares to the public, it’s clear something special is happening at the e-commerce software company. It’s not just that its share values have nearly quadrupled during this period, or tha

Give Mitel CEO Rich McBee credit for patience. Nearly three years ago he made a play for California-based rival ShoreTel but withdrew Mitel’s $8.50-per-share offer when ShoreTel’s directors demanded more. Thursday morning he revealed Sho

Spano also to Address Expected Cybersecurity Policy Changes from Trump Administration

Purpose-built Cloud Platform MDR Integration Empowers Elite eSentire Security Analysts to Hunt and Kill Threats in Real-time

Ron Zambonini loved golf, so perhaps it was fitting that he spent his last day watching the final round of the British Open. The former chief executive of Cognos died Sunday evening, the victim of a lung cancer that had been discovered last year. He

Police have charged an Ottawa man with public mischief for allegedly falsely claiming he was robbed while he was working as a security guard at a construction site. Police said the man reported the robbery on April 23 at around 2 a.m, claiming 

Ottawa paramedics say a 39-year-old woman suffered severe trauma when her motorcycle crashed into a ditch near Greely just before midnight on Tuesday. Emergency responders arrived at the scene near the intersection of Stagecoach Road and Empire Grov

The federal government is pulling an about-face on plans to bring all of its various agency and departmental websites under the Canada.ca domain name. The concept for the massive website modernization project is quietly being killed as it’s su

Residential house price patterns in metropolitan Gatineau varied sharply from west to east during the second quarter, the Quebec Federation of Real Estate Boards reported this week. While the average sale price of a single-family home climbed 7 per

Assent Compliance is a 12-year-old software company with an awkward name and an unusual location for a tech firm — Ottawa’s east end. It may be transforming into something rather special. Three years ago, just 25 people worked at Assent Compli
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July employment in Ottawa

Posted 39 days ago by OttWatch in category Ottawa Citizen with 0 Comments 

When it comes to the job market, Ottawa and Gatineau have been moving in opposite directions. While the capital region’s overall jobless rate climbed to 5.9 per cent in June from 5.7 per cent in May despite the addition of 2,000 net new jobs,

The average sale price for residential properties in Ottawa in June jumped 8.8 per cent year over year to reach $434,500, the Ottawa Real Estate Board reported Thursday. Somewhat surprisingly, that was a bigger gain than recorded in Toronto where th

Gatineau city council has urged the Quebec government to slow down the implementation of a new regime that could determine the fate of hundreds of riverfront properties along the Ottawa River.  Councillors adopted a resolution Tuesday calling o

Sandy Zhang couldn’t believe her bad luck. The Ottawa River in early May had swept over the front lawn of her Constance Bay home and into the basement and living room.   When the water reached knee level, Zhang and her husband, Honggao Ji