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Company with deal to create hundreds of Ontario jobs to cut 8% of its workforce

Cisco Systems - a networking tech giant involved in a major job creation deal with Ontario - says it will lay off up to 6,000 of its workers, representing 8% of its workforce. Read more...

Ottawa’s unemployment rate drops

Ottawa is among the brightest spots in the July employment report released on Friday. Read more...

Ottawa's Nordion bought out by American company

OTTAWA - Medical isotope supplier Nordion Inc. (TSX:NDN) says shareholders have approved the purchase of the company by Sterigenics for US$811 million. Read more...

Ottawa 3rd-best major city in Canada at managing debt

Ottawa was the third-best major city in Canada when it came to managing debt at the end of last year. Read more...

Economy gains 29,400 jobs in January, unemployment falls: StatsCan

Employment in Canada rose by 29,000 in January because of an increase in full-time work while the unemployment rate fell 0.2 percentage points to 7.0 per cent, according to Statistics Canada. Read more...