
Cannabis producer Hexo seeks $1.2B capital raise to fund expansion plans
CEO Sebastien St-Louis said the Ottawa-based company is seeking “maximum flexibility” to make acquisitions and sign partnerships with players in related industries.
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.

Cannabis producer Hexo seeks $1.2B capital raise to fund expansion plans
CEO Sebastien St-Louis said the Ottawa-based company is seeking “maximum flexibility” to make acquisitions and sign partnerships with players in related industries.

Philanthropy in Ottawa: Local lawyers raise the bar for the Ottawa Food Bank
Record-breaking $98,000 raised during Firms Fill Fridges campaign.

Our work-from-home trend has developed ergonomic growing pains
Regardless of how quickly COVID-19 vaccines are rolled out, the new prevalence of the home office is largely here to stay.

Low-cost airline Flair to launch Ottawa-Kelowna routes this summer
Airline’s plans to connect Calgary, Edmonton, Halifax and Toronto to the capital were put on hold last year due to the pandemic.

Ottawa RV suppliers revving up for another record year as travellers look to stick close to home
Some dealers worry they won’t be able to meet surging demand for recreational vehicles this summer as the pandemic drags on.

More than a decade after launching her clothing line, the Ottawa entrepreneur is raising capital and striking international marketing partnerships.

Ottawa-Gatineau jobless rate holds steady at 6.5% in March
Employers added nearly 8,000 new jobs to their payrolls last month, StatsCan says, but those gains were offset by more people looking for work.

That’s rich: Shopify’s Lütke Canada’s second-wealthiest person, Forbes says
Mitel founder Terry Matthews and Claridge Homes CEO Bill Malhotra are also members of the billionaires’ club.
‘We’ve simply run out of time’: Bluesfest cancelled for second straight year
While this year’s festival won’t be happening, Bluesfest boss Mark Monahan said Rage Against the Machine has already been confirmed as a headliner for 2022.

Canopy Growth continues acquisition spree, signs $435M deal to buy Supreme Cannabis
Purchase marks Canopy’s latest move as it watches to see whether the U.S. loosens laws around marijuana following the election of President Joe Biden.
Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.
Sponsored
Nominations for 2026 now open.