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

The city says it will appeal a court decision that awarded a condo developer nearly $4.5 million after a judge ruled there was bad municipal intel about an important water pipe near the west-end construction site. Charlesfort Developments sued the c

At this point in its young history, Shopify just keeps rolling along. Ottawa’s e-commerce technology giant revealed Thursday it had exceeded second quarter revenue forecasts by a fair margin while operating losses were smaller than expected. I

Ottawa’s software gorilla Shopify has made so much noise in the past few years building a global business, it’s been easy to miss the rise of Kinaxis, another software star about to make a statement of its own. Kinaxis, which employs mor

Sixteen months after launching a $195-million lawsuit against the federal government over a lost contract, Bronson Consulting founder David Baird finds himself fully stripped of his security clearance, unable to pursue any but the most basic governm

Vars-based apollogreen has received the Health Canada licences it needs to starting using industrial-scale tissue culture to produce millions of starter plants for cannabis growers, the firm announced Thursday. The company will start work on a 5,000

The capital region’s tech scene has rarely seen anything like this. Shortly after Bruce Linton was sacked July 2 as CEO of Canopy Growth, the country’s biggest cannabis products firm, he mused about spending more time at Martello Technol

When it comes to light rail transit service, Kanata got left out. If stage two of LRT is completed on time, it will reach Moodie Drive in 2025. That’s still five kilometres to the east of Kanata. The third phase of LRT, just an unfunded concep

The Farm Boy grocery chain has swooped in to save an Ottawa favourite after its recent closure, promising to ensure the Rideau Bakery’s beloved products will remain available in the city. The Rideau Bakery, known for its signature rye bread, c

From the 23rd floor of Ottawa’s newest apartment complex at 100 Frontier Path Private, the east end of the city stretches in great green swatches towards Montreal, bisected neatly by Highway 417. Down below, Blair Station sits silent. It is th

Innovation Minister Navdeep Bains is expected Wednesday to invest $40 million in CBN Nano Technologies — a two-year-old unit of Canadian Bank Note Co., the Ottawa manufacturer of polymer bills, passports and other security documents. The investment,

Given the shortage of house listings and price momentum of the past couple of years, it was perhaps inevitable that Ottawa’s housing resale market would bust out. It did so in June. While the benchmark price for single family homes jumped a ro

The capital region’s  jobless rate was steady at 5.4 per cent in June, same as May, despite jump of 4,700 net new jobs. The labour force, which includes those looking for work, increased by 4,400. Overall net jobs gain, non adjusted for season

From the moment Bruce Linton approached beer-wine-and-spirits giant Constellation Brands for investment money two years ago, he was running the risk he would one day lose control of his cannabis startup, Canopy Growth. But he saw no other choice. Li

You could tell being a lobbyist was no ordinary vocation for John Reid. Most of the time, until his sudden death June 24 at 69, he was having too much fun. Yes, part of it was because Reid was a policy wonk and an innovation geek. But there was more

More than 1,019 Ottawa-area homes have been taken off the rental market as a result of Airbnb and other home-sharing services, according to a study published by McGill University. The study titled, Short-term rentals in Canada, found that Airbnb and

This is the way it’s supposed to work when a city’s high-tech core is reaching critical mass. Thursday morning — a downtown Ottawa software startup — will unveil a $8.75 million equity investment. Nothing hugely unusual in thi