Economy

OC Transpo boss Manconi to retire in September

Longtime city employee became a familiar face as he oversaw construction of the $2.1-billion Confederation Line.

New city bylaw to limit short-term rentals to 10 guests

Change is part of new rules aimed at more tightly regulating properties rented out on Airbnb and similar platforms.

Committee green-lights plan to seek public feedback on small biz tax cut

The change would cut property taxes by 10 per cent at about 4,700 commercial properties housing nearly 8,000 small businesses in Ottawa.

Joint city committee backs stricter rules on short-term rentals

New bylaw would restrict short-term rentals on Airbnb and other similar platforms to a host's primary residence.

Airport has high hopes feds will fund LRT terminal despite no budget mention

Airport officials “weren’t expecting anything explicit” in the feds’ latest spending plan, spokesperson says.

Feds’ budget boost to domestic tourism expected to be boon for Ottawa

Ottawa Tourism boss Michael Crockatt said $1 billion in new spending earmarked for pandemic-battered sector across Canada suggests the feds understand the economic importance of the industry.

Low-cost airline Flair to launch Ottawa-Kelowna routes this summer

Airline's plans to connect Calgary, Edmonton, Halifax and Toronto to the capital were put on hold last year due to the pandemic.

Ottawa RV suppliers revving up for another record year as travellers look to stick close to home

Some dealers worry they won’t be able to meet surging demand for recreational vehicles this summer as the pandemic drags on.

‘We’ve simply run out of time’: Bluesfest cancelled for second straight year

While this year's festival won't be happening, Bluesfest boss Mark Monahan said Rage Against the Machine has already been confirmed as a headliner for 2022.

Relief in sight? Watson proposes permanent 10% tax discount for small biz

New rules would translate into an annual discount of about $1,000 for a business property assessed at $600,000 that now pays about $15,000 a year in taxes.
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Years of economic uncertainty haven’t slowed Canada’s entrepreneurs. They’ve made them more determined. New research from the Business Development Bank of Canada (BDC) for Small Business Week finds 78 per cent are focused on growth, and this year’s theme says what’s at stake: in a “Two-Speed World,” it’s “Fast or Finished.” So what separates the businesses pulling ahead? Join OBJ, Trexity and the Ottawa Board of Trade for a live virtual event during Small Business Week and get the answers directly from the people tracking the shift: -- Get the research first. BDC chief economist Pierre Cleroux will unveil new research on the state of entrepreneurship in Canada, with insight you can use to benchmark your own business. -- Understand what’s changing on main street. Alok Ahuja of Ottawa-based Trexity will explain how local businesses are adapting, and finding new customers, in an e-commerce world. -- Find out what Ottawa is doing to help. Sueling Ching will outline the Buy Local program and other initiatives aimed at spurring economic growth in the city. Whether you run a business, work with one or are weighing your next move, this is a chance to get informed and come away with ideas worth acting on.
Small Business Week: Entrepreneurs are Fast or Finished

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