Ottawa

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.

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.