Businesses hope to sip from Cup

By Adam Patenaude

Hosting the Memorial Cup may lead to an even bigger victory off the ice than on it.

The Ottawa Tourism and Convention Authority estimates that the Memorial Cup will inject approximately $5.4 million into the local economy. The numbers are calculated by using an economic impact formula that considers the number of people who will be visiting the city for an event and the duration of their stay. read more

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The Business Beat By Jared Adams

These days, with journalists narrowly trailing lawyers on the list of revered and respected members of our society, it’s hard to imagine why anyone would make journalism their career.

Okay, it’s obviously not that implausible, or I, as a journalist, wouldn t be writing this. It’s even harder to figure out what would drive anyone to establish a media outlet. read more

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Suburbs enjoy most economic growth, says StatsCan

By Shannon Hagerman

The Ottawa-Hull economy is booming with low unemployment rates. But even with all this good news, Centretown residents may be losing out.

“Most of the big job growth is going to be in the ’burbs,” said Gerry Geis, labour market analyst with Human Resources Development Canada. Geis cites congestion in the core as one reason why more companies, like the growing call-centre industry, aren’t settling in the area. read more

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