Cyril Leeder and Bernie Ashe have reemerged in the Ottawa business landscape thanks to the acquisition of Deslaurier Custom Cabinets. The two well-known Ottawa sports executives have been announced as key parts of a new ownership group for the 36-ye

In the end, exhaustion. And, one likes to believe, some shame on the part of the professionals who fed for so long off Nortel’s estate. Ernst & Young, the consultants in charge of Nortel’s nine-year long bankruptcy proceedings, began

It has been a bizarre couple of years for Masha Krupp, the outspoken head of the Ottawa translation company that bears her name. Major business dealings with the federal government have been abruptly terminated twice. She fought back successfully in

Given the sheer scale and continuing growth of Amazon, it was only a matter of time before the electronic commerce Leviathan made a serious move into the national capital region. This is a $177.9-billion global juggernaut (2017 revenues) that last y

It’s official. Amazon is setting up shop in the capital. After weeks of speculation, the construction company hired by Amazon to build a behemoth distribution centre in the east end issued a news release Tuesday morning confirming the deal. “W

It was the day that everything changed for Mitel Networks, the catalyst at the heart of Kanata’s tech industry. On April 9, 2018, the directors of the 45 year-old firm — led by chairman and co-founder Terence Matthews — logged in one by one to

It’s a perennial pattern in the National Capital Region. Tourists scramble to find hotel rooms on Canada Day and are willing in most cases to pay full price. The following weekend? Not so much. During last year’s Canada Day weekend, for

Ottawa mayor Jim Watson dropped into an Ottawa real estate firm Wednesday morning to get a glimpse of the industry’s new virtual reality technology that is allowing potential buyers to “explore” available properties without leaving their home. Watso

The capital region’s jobless rate has been a steady 4.4 per cent for three straight months, Statistics Canada reported Friday. The federal agency said this was despite a net drop of 1,200 jobs from May to June. The region’s labour force,

Perhaps it was just a matter of time, but some of the steam has gone out of the housing market in Ottawa’s western districts — from Tunney’s Pasture to Britannia. While homeowners in these areas still registered year-over-year gains of f

The Capital Region’s jobless rate remained at a historically low 4.4 per cent in May, the same as in April, Statistics Canada reported Friday. It’s the lowest unemployment rate in at least 31 years. Data compiled prior to 1987 reflects d

Sandro “Sam” Giannetti was known as the quiet brother, the one who presided over Little Italy’s Preston Hardware with a smile and a ready contribution for any good cause. “He could never say ‘no’ to anyone, if a t
2

In honour of Canada Day, we bring you the top 10 things you might not know about Canada’s businesses. North America’s oldest brewery? We’ve got that one nailed.  

Magna International has announced its intention to close its Grenville Castings unit in Perth by June 2019. The closure of the plant, which is a subsidiary of Magna’s Cosma International Unit, will affect as many as 380 employees. John Fenik,

A longtime owner of the historic Rockcliffe Boathouse says she feels as though she’s locked in a “David and Goliath” legal battle that’s forced her to postpone her retirement and clean houses to make ends meet. Shirley Kent i

After nine years of investigation and litigation, the bureau couldn’t make its case that Barney Shum had indirectly enabled bid-rigging at Library and Archives Canada. It’s the bureau’s second major trial loss in three years. Still

If you want to understand some of the forces now gripping Ottawa’s real-estate market, take a stroll down Fentiman Avenue in the heart of the leafy district known as Rideau Gardens. It’s a quiet stretch of carefully maintained, two-store

The National Capital Region jobless rate was 4.4 per cent in May, the same as in April. Employment in federal government and high-tech sectors edged up marginally from April to 127,900 and 48,600 respectively. Overall, the local economy added 1,200

Ottawa’s Martello Technologies has raised $7.5 million through a private placement of shares as the firm readies to list its stock on the small market TSX Venture exchange. The firm, which employs 63 and makes technology to help companies opti

Ottawa’s Martello Networks has raised $7.4 million through a private placement of shares as the firm readies to list its stock on the small market TSX Venture exchange. The firm, which employs 63 and makes technology to help companies optimize

It wasn’t the question most of Shopify’s board of directors had been expecting. The six individuals — all white, five of them male — had just concluded the business portion of the annual shareholders’ meeting Wednesday morning and

In the three years since it issued stock to the public, Ottawa’s electronic commerce star Shopify has shaped thousands of mostly young grads into a sales, support and engineering force recognized globally. Shareholders, who gather for their an

Ottawa might not be on Amazon’s shortlist for a second headquarters, but the online retail giant still appears to be interested in the nation’s capital Amazon will be setting up a large-scale distribution centre in a rural area of Ottawa’s east end,

Minto Group appears set to raise an estimated $200 million through a listing on the TSX. The company, one of Ottawa’s largest real estate firms, this week filed to issue investment units to the public through a new entity called Minto Apartmen

Smiths Falls’ Canopy Growth Corp. has opened its shares to interested American investors by kicking off its first day of trading on the New York Stock Exchange Thursday. The medical marijuana company, which has been trading on the Toronto Stoc