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Windmill to build nine-storey condo at former All Saints church site

Windmill Development Group says it’s working on a proposal that would see a nine-storey condominium with about 100 units constructed next to the 123-year-old church on Chapel Street.

Ross Video spending $236M to develop cloud-based platform as firm eyes IPO

Ross Video is spending nearly a quarter of a billion dollars to develop a full suite of cloud-based video-production software as it hopes to generate new revenue streams in anticipation of going public by 2025.

Craft&Crew acquires Fenix Solutions after year of rapid growth

Ottawa-based Craft&Crew Corp. has acquired web development and maintenance agency Fenix Solutions following a period of expansion.

Sky’s the limit: Former Chapters location ‘prime’ spot for a mixed-use highrise, broker says

Michael Church, the managing director of Avison Young’s Ottawa office, called the former Chapters space at 47 Rideau St. a “prime” site for a highrise multi-residential project.

Minto REIT declines option to buy Glebe rental complex, citing high costs of capital

Minto Apartment REIT will not exercise its option to purchase a major rental development in the Glebe from sister company Minto Properties because rising interest rates have made the cost of financing the deal too expensive, the Ottawa-based REIT said this week.

Biotech startup Spiderwort lands spot in MaRS Discovery District’s health-tech accelerator

Ottawa biotech startup Spiderwort, which has raised more than US$15 million to develop technology that regrows spinal cord tissue and other body parts, has joined one of the largest innovation hubs in North America as it looks to scale the business.

Gatineau-based Katasa seeks to build nine-storey mixed-use complex in Centretown

The Gatineau-based developer behind a new apartment complex in Chinatown wants to build a nine-storey mixed-use building on a Centretown property that’s now occupied by a medical office.

Am I earning what others are earning? Local CPA designs website to shed light on pay transparency

An online database of salaries earned by chartered professional accountants aims to create better pay transparency within the profession.

Shopify rolls out new point-of-sale system in Canada

Shopify is launching new point-of-sale hardware across Canada, part of its efforts to bolster services for brick-and-mortar merchants as e-commerce growth slows down and the company looks for new sources of revenue.

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