Ottawa

Turnstone Biologics, an Ottawa-born biotech startup that landed more than $170 million in venture capital, is going public on the Nasdaq exchange.

Lily Bond is spicing up even more customers’ kitchens with her homemade seasoning blends after inking a deal with Farm Boy – the first contract with a retail chain for the 19-year-old.

Ottawa’s industrial vacancy rate more than doubled in the second quarter compared with a year earlier as some tenants began moving into newer buildings with smaller footprints, Avison Young says in its latest market report.

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.