Ottawa-specific coverage of local business news, including tourism, retail, transportation, city hall and more. Issues related to human resources and philanthropy are often featured.
The annual pace of housing starts in Ottawa-Gatineau plummeted 71 per cent in May as new builds of condos, apartments and other types of multi-unit housing projects fell sharply, the Canada Mortgage and Housing Corp. reported Thursday.
As Ross Video approaches its 50th birthday next year, David Ross is also nearing a significant milestone. He’ll turn 60 in April 2025 – the date by which he’s vowed to take the family- and employee-owned company public, a pledge he made to his shareholders nearly a decade ago.
The maker of Pyrex glassware and the Ottawa-born Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation, with Americans pulling back on spending.
A group led by Toronto-based businessman Michael Andlauer has reached an agreement in principle to purchase the NHL's Ottawa Senators for close to US$1 billion.
In a move that would dramatically reshape the east-end skyline, a Toronto-based developer has applied to build a trio of mixed-use highrises in Orléans that would include more than 1,100 residential units along with retail and office space.