Feds need to be ‘more transparent’ about downtown office plans, major landlord says
The head of the city’s largest property management firm says the federal government needs to be “much more transparent” about what it plans to do
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Ottawa
Ottawa-specific coverage of local business news, including tourism, retail, transportation, city hall and more. Issues related to human resources and philanthropy are often featured.
Ottawa’s retail recovery a ‘mixed bag’ as downtown struggles, other areas bounce back: Experts
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
Cannabis price ‘race to the bottom’ hurts market’s future: OCS CEO
“Once you condition consumers to certain prices, it may take a generation to change perceptions and price tolerances,” said David Lobo, Ontario Cannabis Store president
Tech layoffs fuelling rise in severance complaints, lawyer in Shopify class-action suit says
A lawyer who has launched a class-action lawsuit on behalf of recently laid-off Shopify employees says he’s seeing a rise in complaints from tech workers
Intouch Insight boss ‘pleased’ with SaaS growth despite 3% drop in overall revenues in Q1
Intouch Insight, which specializes in customer survey and data collection software, reported revenue of $5.1 million in the three-month period ending March 31.
Ottawa well-equipped to weather storm as VCs adjust to new normal, BDC exec says
A new report says Canada’s venture capitalists are being more cautious with their investments after a historically frothy year in 2021 – but activity at
Ottawa company Frisby Tire acquired by Kal Tire
Ottawa’s Frisby Tire has been acquired by British Columbia-based Kal Tire, the two companies announced.
Federal control of Wellington Street would be ‘catastrophic,’ one business leader argues
While talks about Wellington Street continue between the city and federal government, business leaders are clear: keep it open and under municipal control.
Ottawa industrial market shows signs of cooling, report says – but rents keep rising
A new report suggests Ottawa’s industrial market “may have reached a peak” after a pandemic-fuelled e-commerce boom triggered unprecedented demand for warehouse space, but it
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