Articles for category: Finance

December 23, 2025

jatin

Ottawa’s Housing Crisis and Affordability Solutions: A Comprehensive Look at 2024-2025

Ottawa is facing one of the most significant housing crises in its history. Between 2014 and 2024, median monthly rent surged by over 60 percent, climbing from $992 to $1,600, while household incomes rose by only 46 percent over a 15-year span. As the city’s population continues to grow and housing supply struggles to keep pace, thousands of Ottawa residents are finding themselves priced out of the market. However, city officials, developers, and housing advocates are working together on ambitious plans to address this crisis. The State of Ottawa’s Housing Crisis The numbers paint a stark picture of Ottawa’s housing

December 23, 2025

jatin

Why Ottawa Families Are Switching to Dollarama as Cost of Living Soars

As inflation continues to squeeze household budgets across Canada, Ottawa residents are increasingly turning to an unlikely grocery ally: Dollarama. What was once considered a place for party supplies and craft materials has become a strategic shopping destination for families trying to make ends meet. The Numbers Tell the Story Dollarama’s sales and profits surged in 2024 as more Canadians shopped for affordable groceries and essentials. The discount retailer reported remarkable growth, with comparable store sales increasing 8.7% in the fourth quarter of fiscal 2024, reflecting a fundamental shift in Canadian shopping habits. For Ottawa families, this trend isn’t surprising.

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,

December 3, 2025

jatin

RBC Reports Record Earnings and Raises Profitability Targets

Royal Bank of Canada has capped off an exceptional fiscal year with a remarkable fourth-quarter performance, posting a 29% year-over-year increase in profits and becoming the first Canadian bank to surpass $20 billion in annual earnings. Strong Q4 Performance The country’s largest bank reported fourth-quarter profits of $5.4 billion, or $3.76 per share, for the three months ending October 31. On an adjusted basis, earnings reached $3.85 per share, comfortably beating analyst expectations of $3.55 per share. This strong performance prompted RBC to increase its return on equity target from 16% to 17% or higher, signaling confidence in its ability