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.
While housing starts were up nationally in October, there was a sharp drop in starts last month in Ottawa-Gatineau, according to the Canada Mortgage and Housing Corp.Â
When Vancouver-based chef Steve Ewing got a cold call from Happy Belly Food Group asking if he’d be interested in expanding his brunch-focused restaurant business, Yolks, to Ottawa, he initially declined.
As the temperature drops and snow is on the horizon, local tourism officials say climate change is making it increasingly difficult to accurately forecast what winter has in store for Ottawa’s hospitality industry.Â
While some people still think of Ottawa as a sleepy government town, the members of the capital’s new nightlife council have been awake and dreaming for decades about how to get more people out to enjoy everything the city has to offer.
Michael Pyman, Colliers’ Ottawa-based vice-president of national investment services, says there could be a significant uptick in local commercial transactions in 2025, especially if the Bank of Canada continues to reduce interest rates and it becomes cheaper for investors to borrow capital.