Insider Only

Six-person Ottawa cleantech startup is one of nine companies from around the world that’s taking part in a three-month accelerator program in Oslo, Norway, backed by international investment firm Techstars and Norwegian energy company Equinor.

Several prominent local real estate experts say they expect vacancies to keep rising as businesses rethink their space requirements.

More than half a million square feet of industrial space is in the works at two sites in west Kanata as developers scramble to satisfy demand for warehousing and light-manufacturing facilities in the city’s tightest submarket.

Kanata-based company has partnered with organizations such as the National Research Council to develop technology that makes computer chips faster and more energy-efficient.

Dan Goldberg tried to calm analysts’ concerns about the company’s financial future Wednesday, assuring them he remains “confident” the Ottawa firm will raise enough capital to get its next-generation satellites off the ground.

Speculation about alternate locations heated up last week when Mayor Mark Sutcliffe suggested the prime parcel of development land just west of downtown “is not the only option” for a new rink.

The digital edition of the Ottawa Business Journal spring issue is now available for OBJ Insiders. The newspaper will hit the streets next week. 

The Ottawa company in charge of developing and leasing a four-building industrial park near Amazon’s warehouse in Barrhaven says it expects a flood of calls from potential e-commerce and logistics tenants eager to capitalize on the city’s close proximity to major markets.

Prime Minister Justin Trudeau says he hopes a new Crown corporation that aims to help Canadian startups commercialize their products can ratchet up efforts to incubate the next generation of Shopifys.