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Canadian firms raised $8.2B in venture capital in 2022, down 42% from 2021: Report

CPE Analytics total is still well above the $7.5 billion Canadian companies secured in 2019 before the pandemic triggered widespread economic uncertainty.

Shopify won’t move into The Well, will develop current space at King Portland Centre

The Ottawa tech company is abandoning plans to open an office at The Well complex at King Street West and Spadina Avenue.

Downtown businesses cheer feds’ plan for public servants to start returning to office next month

Employees across all departments in the core public service will be subject to a "phased introduction" of the return-to-office plan starting Jan. 16.

Region’s annual pace of housing starts down 25% in November: CMHC

The national housing agency says the seasonally adjusted annual rate of starts – a six-month rolling average designed to smooth out monthly fluctuations – was 14,691 units last month, down from 19,607 in October.

Local crafter of vintage wooden boats gets on board with newer, cleaner technologies

A new generation and changing attitudes are driving a shift in the wooden boat industry, says Andrew Lee, owner of Sirens Boatworks in Merrickville.

Canadian Real Estate Association reports home sales down in November

The association said Thursday the move lower more than erased the gain seen in October and resumed the overall trend lower for the year.

Porter Airlines adding direct service from YOW to Boston, Newark, Quebec City and Thunder Bay in 2023

The new flights are slated to begin on March 27, the Toronto-based airline announced Wednesday.

‘A big pipeline of opportunities’: Kwesst Micro Systems hopes Nasdaq listing will raise defence-tech firm to new level

David Luxton is quietly confident 2023 will be the year Kwesst Micro Systems graduates from a startup to a mature leader in its field.

Ottawa home prices to rise 2% by Q4 of 2023: Royal LePage

The real estate company says the aggregate price in Ottawa will rise to $739,602 by the end of next year, up from an estimated $725,100 this year.

Bank of Canada hikes key rate by half percentage point, signals possible pause

After its seventh consecutive increase since March, the central bank signaled it may pause its aggressive rate hike cycle.

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