Insider Only

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

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 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.

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.

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.

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

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.

Avivagen is reviewing “strategic alternatives” that could include selling the embattled Ottawa-based life sciences company as it struggles to gain market traction for its natural immune-boosting compound.

Founder and CEO Paul Vallée confirmed that he and former Tehama executives Rob White, Kevin Haaland and Mick Miralis led a successful $2.9-million bid to buy the firm’s assets under a court-supervised auction process.