A total of 1,889 residential properties changed hands in April, the Ottawa Real Estate Board says, a 21 per cent decline from a year earlier and just above the five-year average of 1,849.
Builders began work on more than 10,000 new housing units in the capital last year – but that flurry of new construction still wasn’t enough to keep up with city's population growth, agency says.
This year marks the 25th edition of the awards, which have become widely recognized as the region’s most sought-after business accolade for people under the age of 40.
With provincial election looming, the Ontario Chamber of Commerce is also calling for “bold action" to remove barriers to interprovincial trade and make it easier to procure public-sector contracts.
In a bid to maximize revenue per square foot and experiment with various store formats, ShinyBud Corp. has opened Ottawa’s first drive-through cannabis store near Carlingwood Shopping Centre.
E-commerce software giant's CEO has seen his net worth cut in half in recent months, according to Forbes’ annual ranking of the world’s wealthiest people.
Firm is now predicting the aggregate price of a home in Ottawa will jump 13 per cent in the fourth quarter of 2022 compared with a year earlier, up from its earlier forecast of nine per cent.