Minto Apartment REIT showed Tuesday why it has been one of the region’s best performing investments. Minto recorded third-quarter revenues of $27.6 million, representing a year-over-year gain of 31 per cent. Much of this reflected a series of

The capital region’s jobless rate tumbled to 4.2 per cent in October from 4.4 per cent in September, the lowest rate in more than a generation. The drop came courtesy of 9,700 net new jobs while the labour force, which includes people looking

This can’t be the start Eugene Melnyk envisioned for his Ottawa Senators. Fourteen games into this young NHL season, the Senators are near the bottom in league standings and their fans appear to be slipping away. The team closed out a three-ga

It was a strange October for Ottawa’s resale housing market as the number of properties sold jumped 17 per cent year over year despite a sharp drop in the number of homes and condominiums available. “It’s perplexing at first,”

The way Donna Chervrier sees it, now that the shock of the destruction of her popular little Vanier restaurant has abated a bit, is that the vandal forgot about one thing. “They forgot about humanity … they didn’t know there’d be s

Ottawa’s e-commerce technology giant Shopify announced Tuesday it had exceeded third-quarter revenue forecasts by a significant margin while operating losses were smaller than expected. It’s the 17th consecutive quarter in which Shopify

Will Shopify beat the street yet again?  Ottawa’s e-commerce giant has produced better-than-expected financial results for 16 consecutive quarters, ever since it first issued shares to the public in the spring of 2015. Independent analysts are

Gatineau cannabis company Hexo Corp. is laying off 200 workers as it struggles to become profitable. The company made the announcement Thursday, saying the layoffs were necessary for its long-term stability. Hexo is one of Canada’s largest can

On a quiet Thanksgiving Day along Westboro’s main drag, a steady stream of customers enters and exits the understated cannabis retail outlet known as Superette. There’s no sign the Oct. 17 anniversary of the legalization of marijuana is

The capital region’s job market has been on steroids of late. Employment levels jumped 12,600 in September compared to August — marking the third straight month in which job gains have exceeded 12,000. The result in September was an unemployment rat

The jobless rate in the capital region tumbled to 4.4 per cent in September, from 4.7 per cent in August, thanks to 12,600 net new jobs while labour force increased by 10,100. About 90 per cent of jobs and new entrants were in Ottawa, where the jobl

The legal fight over Eugene Melnyk’s alleged gambling debt appears to have taken on a life of its own. A Connecticut casino run by the Mohegan Tribal Gaming Authority on Monday filed a revised complaint against Melnyk, seeking payment for debt

Maybe, just maybe, a slight cooling of Ottawa’s housing market is at hand. The average resale price for residential properties in September climbed 8.3 per cent year over year to $487,400 according to data published Wednesday by the Ottawa Rea

On the surface, there isn’t much to connect these four legal dramas. These were disparate proceedings involving unique circumstances and sets of facts. Each case featured different RCMP or Competition Bureau lead investigators. The same was true of

It’s become an annual ritual. Each September many of the world’s richest buyers of fibre-optic communications technology descend on Kanata for a preview of what the next three years will bring. The event, which ends mid-October, is calle

A lawyer representing Ottawa Senators owner Eugene Melnyk on Monday filed “one or more defences” in the strange case involving gambling expenses incurred two years ago at the Mohegan Tribal Gaming Authority in Connecticut. The casino fil

There was a flurry of movement in the capital region’s job market between July and August but by the time it was all done, not much had really changed. The jobless rate dropped a notch to 4.7 per cent from 4.8 per cent, despite the addition of 13,10

If you happen to be searching for a home in an established Ottawa neighbourhood, you won’t like these numbers. The Ottawa Real Estate Board revealed Thursday that average prices for residential properties in August jumped nearly 12 per cent ye

David Baird’s working life these days is consumed by legal minutiae. It began 17 months ago when the company he founded, Bronson Consulting, launched a $195-million lawsuit against the federal government over a lost contract involving the prov

Well, on the face of it this really doesn’t look good. Canopy Growth — the Smiths Falls cannabis products giant — reported a net loss of $1.3 billion on revenues of just $90.5 million for its first quarter ended June 30. But if you drill down

Minto Apartment REIT Monday reported revenues of $24.8 million for its second quarter ended June 30 — nearly 18 per cent above the forecast from 13 months ago when the trust launched its initial public offering on the TSX. The sharp rise reflected M

Not quite 40 days after Bruce Linton was unexpectedly dismissed as CEO of Canopy Growth Corp., uncertainty over the company’s next moves is undiminished. The big question is whether the firm’s most important investor — wine, beer and spi

The capital region’s jobless numbers tumbled sharply to 4.8 per cent in July compared to 5.6 per cent in June as Ottawa employers stepped up their hiring, Statistics Canada reported Friday. It’s the first time the unemployment rate has b

Perhaps it was just a matter of time given the industry’s momentum, but Ottawa’s resale housing market in July posted its second straight month of double-digit gains. Prices for residential homes averaged $487,300 last month, up 10.4 per

Kanata software star Kinaxis offered investors a less-than-spectacular financial snapshot Thursday evening. While the company reported a record $247.2 million backlog of orders, good for future business, the company’s second-quarter revenues i