Ottawa

Summer off to steady start, but concerns remain for downtown businesses

In the downtown core, the summer season is off to a slow and steady start following a soft spring, according to local business owners.

Solace to ramp up R&D after landing $10M in fresh federal funding

Solace says it expects to hire up to 150 new employees over the next two years after landing $10 million in federal funding to expand its software platform.

Solink raises US$60M series-C round, eyes IPO ‘within the next two to four years’

Ottawa-based Solink has raised US$60 million in fresh venture capital as it sets its long-term sights on going public amid massive growth.

Brigil beefs up development pipeline with two-tower proposal for Richmond Road

Brigil is adding to its growing pipeline of mixed-use development proposals in Ottawa with a plan to build two highrises comprising nearly 600 apartments on Richmond Road.

Minto’s Hintonburg highrise proposal set to go to Ontario Land Tribunal

The ongoing dispute over a proposed highrise at the corner of Wellington Street West and Parkdale Avenue will continue this summer. 

Ottawa-born Turnstone Biologics goes public on Nasdaq, expects to raise US$80M

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

Teen retail entrepreneur lands ‘life-changing’ deal with Farm Boy

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 industrial rents keep rising even as vacancies double in Q2: Avison Young

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.

Carlingwood sale could trigger wave of mixed-use development at mall site, experts say

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.

Vanier BIA rebrand aims to highlight community vibrance, business growth

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. 

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