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Local bidders for Château Montebello disappointed their bid was not chosen

A group of local investors including Devcore president Jean-Pierre Poulin and Ottawa Senators owner Michael Andlauer is disappointed after losing a bid to purchase the Fairmont Château Montebello.

Canadian North doubles size of YOW cargo facility as Arctic sovereignty grabs spotlight

Terminal upgrades and new restaurants have been welcome additions for those travelling through the Ottawa International Airport in recent years, but a locally headquartered airline is driving growth in a more overlooked area of the airport’s operations.

Rogers Centre Ottawa exec Dan Young retiring after more than two decades in convention industry

After two-plus decades steering one of Ottawa’s leading convention centres through major redevelopments, technological revolutions and more than one economic crisis, Dan Young is ready for the slower pace of retirement.

Assent acquires German company in rising software star’s first-ever M&A move

Ottawa software powerhouse Assent has pulled the trigger on its first-ever acquisition, buying a German company in...

Department of National Defence acquires two office, industrial properties for $59M

The Department of National Defence has acquired two office and industrial properties at 1600 and 1630 Star Top Rd. from Arnon Corp. for $59 million, a DND spokesperson confirmed this week.

Minto Place to get makeover under new management team at Crown Realty

Toronto-based Crown Realty Partners announced this week it has taken over management of Minto Place effective July 1.

Château Montebello bidders would build 125 new suites, pump up to $150M into resort, Devcore owner says

A group of local entrepreneurs bidding to buy the Fairmont Château Montebello plans to invest more than...

Croatian drone-maker to expand local footprint, and other tech news

A Croatia-based drone manufacturer says it plans to spend $150 million over the next five years to expand two production facilities in Canada, including a plant in Ottawa, to meet growing demand for its products.

Carleton prof develops AI platform to help SMEs compete with likes of Amazon

While small businesses often struggle to compete with giant corporations, one Ottawa expert says AI could allow SMEs to collaborate as a network and bring more value to customers.

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