Ottawa

Proptech firm 1VALET eyes Middle East expansion as revenues soar

Proptech venture 1Valet says it’s poised to expand into markets such as the United Arab Emirates and Saudi Arabia over the next 12 months as its platform gains momentum.

Canada has highest household debt level in G7: CMHC deputy chief economist

Canada has the highest level of household debt in the G7, making its economy vulnerable to a global economic crisis.

Ottawa real estate insiders weigh in on fed’s ‘disposal list’ of properties

Local real estate leaders are not surprised by the federal government’s “disposal list,” but it's unclear what direction redevelopment will take.

Canadian Olympic sprinter Donovan Bailey joins Neko Sparks bid to buy Senators

Former Canadian Olympic sprinter Donovan Bailey is joining the bid led by Los Angeles-based producer Neko Sparks to buy the NHL's Ottawa Senators, the 55-year-old announced on Twitter.

Leisure Days RV Group amps up growth strategy with first U.S. acquisition

Building on a string of recent acquisitions, Leisure Days RV Group has snapped up Wana Engine Center, marking the Ottawa-based RV dealership group’s first American acquisition.

Struggling Avivagen exploring potential sale as part of strategic review

Avivagen is reviewing “strategic alternatives” that could include selling the embattled Ottawa-based life sciences company as it struggles to gain market traction for its natural immune-boosting compound.

Feds finalize Visa, Mastercard agreements lowering fees for small businesses

The federal government says it has finalized agreements with Visa and Mastercard that will lower transaction fees for small businesses.

Ottawa continues to climb the rankings for VC secured by local firms

Ottawa companies brought in $252 million in venture capital in 2022, enough to place it sixth among Canadian cities in VC funding, according to a new study.

Closure of popular local businesses avoidable with better succession planning, advocate says

According to Michelle Groulx, executive director of OCOBIA, closures could be prevented with more support for small business succession.

Kitigan Zibi Anishinabeg First Nation endorses Sparks’ bid for Ottawa Senators

A Quebec First Nation community has confirmed it is endorsing one of the bidders involved in the sale of the Ottawa Senators.

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