Articles for category: Business

December 4, 2025

jatin

Ottawa Invests $1M in Private Security for ByWard Market: Will It Work?

As the city pushes for National Historic Site status by 2027, the controversial plan sparks debate about safety, tourism, and who’s responsible for Canada’s capital December 4, 2025 Mayor Mark Sutcliffe stood before cameras today flanked by police brass and emergency service chiefs to announce a solution Ottawa businesses have been demanding for years: private security guards patrolling the ByWard Market. The price tag? One million dollars over two years from the city’s new Public Safety Action Plan. The timing? Strategic. Ottawa is racing to secure National Historic Site designation for the Market by its 200th birthday in 2027, and

December 4, 2025

jatin

Ottawa’s $2.14 Billion Problem: How the Federal Government Is Reshaping Downtown

The capital’s office market faces unprecedented uncertainty as the feds plan to shed millions of square feet—and nobody knows which buildings will survive December 4, 2025 Walk through downtown Ottawa on a Wednesday afternoon and you’ll see something unsettling: empty streets, darkened storefronts, and gleaming office towers filled with vacant floors. It’s not just a post-pandemic hangover. This is the new reality of a capital city wrestling with an identity crisis, and the stakes couldn’t be higher. The federal government, Ottawa’s economic anchor and largest employer with 154,000 workers in the National Capital Region, is planning to slash its office

December 4, 2025

jatin

From Guest Bedroom to $1 Billion: How Ottawa’s Fullscript Built a Health-Tech Empire

Local entrepreneur Kyle Braatz turned a simple idea into one of Canada’s most valuable tech companies—without the typical Silicon Valley playbook December 3, 2025 While Silicon Valley startups burn through venture capital chasing unicorn status, an Ottawa entrepreneur quietly built something extraordinary from his guest bedroom. Fullscript, the health-tech platform founded by Kyle Braatz in 2011, has achieved what many consider the ultimate validation: $1 billion USD in annual revenue. Even more impressive? They did it the Ottawa way—methodically, profitably, and without sacrificing control. The Billion-Dollar Milestone That Almost Didn’t Happen Braatz’s approach paid off after years of consistent growth,

November 21, 2025

Kritika

Canada Post Reports 'Unprecedented' $541M Loss Before Taxes in Third Quarter

Canada Post Reports ‘Unprecedented’ $541M Loss Before Taxes in Third Quarter

Canada Post is facing the deepest financial crisis in its history, reporting losses of $541 million before taxes in the third quarter, marking what the Crown corporation has called an “unprecedented” quarterly deficit. The staggering loss represents the worst quarterly performance in the organization’s history and signals mounting challenges for the national postal service. Historic Financial Deterioration The losses ballooned from $315 million in the same quarter a year earlier, demonstrating a dramatic acceleration in the corporation’s financial decline. Chief financial officer Rindala El-Hage described the corporation as “effectively insolvent”, painting a dire picture of the organization’s fiscal health. For