Ottawa Business Journal
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National/World News
Aeroplan board approves reorganization to public corporation
The board of loyalty program operator Aeroplan Income Fund has approved its reorganization from a trust structure to a public corporation....
[ FULL STORY ]
 
Federal government puts final nail in coffin of MDA-Alliant deal
The federal government has confirmed its rejection of U.S.-based Alliant Techsystems Inc. (ATK)'s application to buy MDA....
[ FULL STORY ]
 
Housing starts up 29.8% for Ontario in April

Housing starts in Ontario jumped in April from a year earlier, but elsewhere in the country housing construction activity fell year-over-year due to a fairly sharp decline in single-detached starts,......
[ FULL STORY ]
 
Loonie suffers from weak housing data

The Canadian dollar lost ground against the greenback today following the release of poorer-than-expected housing data....
[ FULL STORY ]
 
U.S. rate cut signals push down greenback

The Canadian dollar continued to advance against the greenback on Wednesday after the release of key U.S. fundamental data indicated that more rate cuts by the U.S. Federal Reserve may be in......
[ FULL STORY ]
 
UPDATE: BCE earnings halved in Q1
BCE Inc.'s earnings plunged 48 per cent in its first quarter, as the parent of the country's largest telephone company posted flat revenues following its third-quarter sale of its Ottawa-based Telesat......
[ FULL STORY ]
 
Quebecor Media profit climbs 42.7%
First quarter profit at Quebecor Media increased 42.7 per cent over last year to $58.8 million after its cable and newspaper divisions recorded significant revenue increases....
[ FULL STORY ]
 
Oil hits $120

Oil prices soared Monday, jumping $4 to record highs above $120 a barrel...
[ FULL STORY ]
 
U.S. job losses milder than expected in April
Job losses in the United States in April were less severe than analysts expected, giving the markets hope that the much-discussed recession down south is milder than the previous economic......
[ FULL STORY ]
 
Emerging markets, Canadian equities perform well in April

Emerging markets ruled the charts again in April, according to Morningstar Canada's latest preliminary equity fund index performance data, although strong gains were seen in most equity fund......
[ FULL STORY ]