Ottawa

After half a century in business and over three decades in Kitchissippi, Herb & Spice Shop on Wellington Street West has served its last customer. 

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 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.

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 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.

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

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.