Ottawa

The sale of the Carlingwood Shopping Centre could pave the way for a new mixed-use “ecosystem” that would eventually see condo towers built at the 30-acre site, real estate and retail experts predict.

Last month, the Vanier BIA launched its official rebrand, which introduced a new look that reflects the area's vibrance, as well as its diversity. 

While consumer spending remained strong in the second quarter, it turned a corner after the Bank of Canada ended its pause on interest rate hikes, the Canadian Chamber of Commerce said.

Local business officials are calling for a compromise on the Queen Elizabeth Driveway that would encourage “active transit” while also addressing the concerns of businesses and residents. 

C-COM Satellite Systems’ revenues fell more than 30 per cent in the second quarter compared with a year earlier due to continued “sluggish market conditions” driven by fears of a looming recession and “anxiety related to geopolitical tensions,” the firm says.

This summer, La Bottega Nicastro is celebrating 100 years since J. Sosa first opened, and the memories could fill an entire shelf of scrapbooks. 

Colonnade BridgePort says it plans to build five residential highrises with upwards of 1,200 units on property near the Blair LRT station it purchased earlier this year.

Carlingwood Shopping Centre, which opened in 1956 and now contains the country’s largest Canadian Tire store, has been put on the market.

Stoneworks has experienced a growth spurt during the pandemic, but will now get a chance to prove its mettle on a bigger stage after being acquired by Toronto-based Fulcrum IT Partners.