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.
One of Ottawa’s biggest venture capital firms said Monday it “has managed to resolve all immediate exposure risks” for the eight companies in its portfolio that have relationships with Silicon Valley Bank.
Citing a source familiar with the sales process, Sportico said the bids will be whittled down to a shortlist in the near future and site visits will commence later this month.
For 31 years, the annual Skifest at Mont Ste-Marie has been a highlight for participants and sponsors. This year, the annual event held on March 2 was a smashing success.
“We thought we would go small and then be able to eventually build up to being a profitable business, but it's been just fully packed from the get-go," said one co-founder.
For a long time, Glenn Cowan argues, defence was a “dirty word” in the Canadian investment community. But the founder of Ottawa-based ONE9 Venture Partners says that’s changing.
While the Ottawa market was not a fit for American luxury retailer Nordstrom, at least one local market watcher believes its closure opens the door for other opportunities.