While some in Ottawa’s business community believe the worst economic impact of the pandemic is behind them, other industries face a prolonged recovery.
The average price of a residential-class property in Ottawa was $725,970 last month, up 26 per cent from a year earlier but below the year-to-date average of more than $734,000.
Toronto-based carrier announced it will restart its operations in phases, with Ottawa among four Canadian cities where Porter will initially resume flights on Sept. 8.
Ottawa's overall office vacancy rate stood at 9.8 per cent at the end of June, up two-tenths of a percentage point, but amount of empty space in the core declined.
Increase would see the average urban homeowner’s tax bill jump $119 to $4,086, while the average commercial property owner’s tax bill would rise $242 to $8,312.