Local Business

With the Ottawa Senators’ ownership situation seemingly now settled, speculation is turning to where the team’s next home rink might be located – and the concept of building a new arena in the heart of downtown is gaining steam.

Canadian retail sales came in stronger than initially estimated, as analysts say consumers proved resilient amid an...

Strong consumer spending patterns across Canada and particularly in Ottawa seem promising, but the data show only part of the retail picture, experts agree.

The maker of Pyrex glassware and the Ottawa-born Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation, with Americans pulling back on spending.

A group led by Toronto-based businessman Michael Andlauer has reached an agreement in principle to purchase the NHL's Ottawa Senators for close to US$1 billion.

As Nordstrom prepares to close at the end of the month, the opening of high-performance apparel and equipment brand Arc’teryx in the CF Rideau Centre is the sort of retailer the mall needs, says one market watcher.

The departure of Nordstrom from the Rideau Centre this month could open the door to new types of tenants as malls shift from traditional mainstays to more “experiential” businesses like spas and entertainment venues, real estate experts say.

After bottoming out during the pandemic, Ottawa’s retail sector is “coming back with a vengeance” in neighbourhoods like the Glebe while still struggling in the pandemic-battered downtown core, a new report says.

In the time since a methadone clinic opened across the street, this shop owner has seen an increase in drug use and homelessness on her block to an extent that has “traumatized” and “saddened” her.

Independent booksellers in Ottawa are thriving, despite competition from big box stores, online retailers and e-books.