Ottawa

Bright Side of (Downtown) Business: La Bottega Nicastro marks 100 years of groceries in ‘magical’ Market

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 files plan for five-tower residential complex near Blair Station

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 put on the market

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

Stoneworks Technologies acquired by TO firm Fulcrum IT Partners in ‘perfect marriage’

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.

Ottawa Changemakers: Birch Bark Coffee Company’s ‘black medicine’ a wake-up call for Indigenous issues

Mark Marsolais-Nahwegahbow is using coffee to build his company into a social enterprise that brings awareness to issues impacting Indigenous communities.

Martello raises $2.5M in private placement after revenues fall 8% in fiscal 2023

Martello Technologies has sold $2.5 million worth of stock to Terry Matthews-controlled Wesley Clover International in a non-brokered private placement aimed at helping the Kanata firm fund its operations as it shifts to a new software platform.

Philanthropy in Ottawa: Work of The Royal Ottawa Foundation for Mental Health inspires generous donation

“Johannes Ziebarth's support for the mental health community appears to know no bounds," said Chris Ide, president of The Royal Ottawa Foundation for Mental Health.

Thermal Energy receives record $27.3M worth of new orders in fiscal 2023

Ottawa cleantech firm Thermal Energy International booked a record $27.3 million worth of new orders in fiscal 2023, up 133 per cent from the previous year, the company announced this week.

Cannabis company Canopy Growth signs deals with lenders to reduce debt

Canopy Growth Corp. says it has signed deals with its secured and unsecured lenders that it expects will help the cannabis company reduce its total debt by about $437 million over the next six months.

Average Ottawa home price down nearly 5% year-over-year in Q2: Royal LePage

The average home price in Ottawa fell in the second quarter compared with a year earlier, Royal LePage says.

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