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Ottawa hotel occupancy rose more than 50% in 2022, report says

Curtis Gallagher, who leads Avison Young’s hospitality business for Canada, said while a local recovery is “underway,” Ottawa’s return to pre-pandemic occupancy levels “may be a little bit slower-paced than some of the other markets” the firm surveyed.

‘I have products, I have market’: Versaterm CEO bullish as firm’s acquisition spree continues

Ottawa company that makes software that helps police forces, fire departments and other public safety agencies manage their operations announced Thursday it reached an agreement to acquire fellow software firm CI Technologies.

Trellis’s e-commerce merchandising platform shines on big stage in Vegas

Ottawa-based software firm -- which now serves about 300 merchants who sell their wares on Amazon and Walmart’s e-commerce sites -- made a big splash this week at the Prosper Show on Sin City's famous strip.

Familiar government buildings in downtown core would be better off demolished, industry insiders say

Building owners, property managers and other Ottawa commercial real estate insiders itching to get a sense of which assets the federal government plans to offload from its downtown office portfolio in the wake of COVID-19 will have to wait a little longer.

Nearly 300 Ottawa office buildings could be candidates for ‘adaptive reuse,’ new study says

Real estate firm Avison Young says 286 properties in the nation’s capital meet two key criteria that may make them suitable to be turned into rental apartments or other forms of housing.

Ottawa REITs see big jump in rental occupancy rates – but expenses are rising too

In financial filings this week, InterRent REIT and Minto Apartment REIT both reported big jumps in revenues compared with a year earlier – although headwinds such as rising interest rates have boosted the cost of financing their holdings and eaten into their bottom lines.

Ottawa-based Getit hopes merger puts delivery firm on fast track to profitability

Food delivery enterprise is merging with Vancouver mobile commerce app developer Perk Labs in a move the companies hope will better position them to compete toe-to-toe against industry behemoths like DoorDash and Skip the Dishes.

As grocery bills soar, local startups plant seeds of ‘food sovereignty’ for Canadians

Cultivatd and Fieldless Farms' rise comes as food supply chains are under growing scrutiny amid a rapid escalation in the prices of everything from produce to meat. 

Former military commander targets ‘non-traditional’ investments with ONE9 VC fund

For a long time, Glenn Cowan argues, defence was a “dirty word” in the Canadian investment community. But the founder of Ottawa-based ONE9 Venture Partners says that’s changing.

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