Ottawa

No ‘immediate exposure risks’ to portfolio in wake of Silicon Valley Bank’s collapse, Mistral Venture Partners says

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.

Nine groups in running to purchase Ottawa Senators, report says

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.

Local MPPs doubt whether province is taking LRT report recommendations seriously

Ottawa’s much-maligned light rail transit system is a blueprint for how not to do P3 projects in future, government officials agree.

Philanthropy in Ottawa: A great run for annual Skifest

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.

Bushbalm lands big U.S. deal in bid to diversify away from e-commerce

Bushbalm Skincare, an Ottawa startup that has seen runaway revenue growth over the past few years, has entered into an agreement with Ulta Beauty.

Boring downtown, you say? These three restaurateurs would beg to differ

“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.

SheBoot co-founder welcomes infusion of new funding for women-led startups in Ottawa

The co-founder of SheBoot and chair of the Capital Angel Network says she’d love to see the next Shopify be a woman-led company.

Bright Side of Business: DataKinetics celebrates 45 years of ‘mission-critical’ transactions

With a degree in computer science and engineering tucked under his arm, Allan Zander doesn’t shy away from anything labelled “mission critical”.

Former military commander targets ‘non-traditional’ investments with ONE9 VC fund

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.

Nordstrom closure ‘good news’ for Ottawa’s downtown long-term, retail expert says

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.

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