Ottawa's Economic Outlook Event
The annual Ottawa's Economic Outlook event, delivered in partnership with the Ottawa Board of Trade, examines trends and opportunities in the city's business sector and provides an insightful forecast about Ottawa's economic future. The event has been enormously successful in providing local business and economic development stakeholders with information on Ottawa's economic climate, trends and upcoming city projects.
Program Manager, High Economic Impact Programs
Economic Development Services
613-580-2424, ext. 28355
Events Calendar - Invest Ottawa
The Invest Ottawa calendar provides a list of events, seminars, guest speakers and conferences in Ottawa, particularly as they relate to Ottawa’s telecommunication, photonics, microelectronics, software and life sciences business clusters and Ottawa’s research and development community.
Visit the Invest Ottawa Events Calendar for featured events in our community.
Immigrant Entrepreneur Awards 2021
The 2021 Immigrant Entrepreneur Awards were presented to four local business people – Dr. Aali Alizadeh (Giatec Scientific Inc.), Ihsan (Sam) Habbal (Lunch Lady Ottawa West & Sweet Hits), Maryam Yazdani, (GenesisLink Consulting Services) and Dragan Veljovic (Maplesoft Consulting and Fontana NBG) – whose business success and spirit have contributed to the local economy and serve as an inspiration to new Canadians to start their own businesses.
The virtual award ceremony was held on November 23, as part of TiECon Canada (The Indus Entrepreneurs) 2021. TiE is an international association that has chapters in cities around the world, including Ottawa, which provide a network to help entrepreneurs connect, share leading practices and mentor new entrepreneurs.
Ottawa’s economic mission to the Netherlands, with Mayor Jim Watson and a delegation of 20 business and tourism leaders, forged partnerships and generated opportunities in tourism, technology, security and education. The resulting partnership agreements and strategic relationships developed between Ottawa organizations and their Dutch counterparts will generate long-term benefits in investment attraction, business development and trade.
The delegates from Ottawa included representatives from Invest Ottawa, Ottawa Tourism and local technology companies. During stops in The Hague, Eindhoven, Rotterdam and Amsterdam, the delegation met with Dutch counterparts and stakeholders, signed partnership agreements advancing Ottawa’s business and tourism interests, and built on the strong bonds of cooperation and friendship that Ottawa has shared with the Netherlands since the Second World War. The delegation focused on promoting Ottawa as a destination, facilitating business development and investment, and exchanging best practices with municipal and industry leaders.
Mayor Jim Watson today proclaimed October 20 to 26, 2019, Ottawa Small Business Week, in celebration of the contributions small businesses make to Ottawa’s economic growth and prosperity.
Small businesses are the foundation of Ottawa’s economy, providing important services and a variety of employment opportunities. More than 35 per cent of jobs in Ottawa come from small business. In 2016, more than 93 per cent of all businesses located in Ottawa were small businesses.
- Small and medium-sized enterprises are commercial, for-profit businesses with fewer than 500 employees that bring in less than $50 million in national annual revenue.
- Small businesses have up to 49 employees, while medium-sized businesses employ between 50 and 499 people.
Expansion of Bayview Yards at 7 Bayview Station Road
Council approved the not-for-profit Innovation Centre at Bayview Yards to mortgage its leasehold interest in the Innovation Centre building to a maximum of $4 million in private financing. This funding will be used for building upgrades and to add a two-storey addition to the property, to meet the growing demand for incubation and acceleration services for new companies. This project will help attract more businesses and start-ups to the innovation and technology hub, creating economic and job opportunities in Ottawa.
The Ottawa Music Strategy
During the 2017 JUNO Week, the City announced that it would fund the development of Ottawa’s first Music Strategy, aimed at supporting our local artists, musicians and producers, and growing this important sector of our economy. To ensure that the local industry was the driving force behind the strategy, the City engaged the Ottawa Music Industry Coalition to assemble a task force of local industry leaders, facilitate consultations with stakeholders and residents and draft the strategy. Over 1,200 artists, industry professionals, fans and consumers of music participated in the consultation process.
In April 2018, Ottawa City Council adopted the Ottawa Music Strategy, a three-year plan that aims to support the growth of Ottawa’s emerging music industry, establish Ottawa as a global music city and expand the City’s role in supporting local music.
Ottawa Business Journal - Ottawa music strategy a sound plan for economic growth, backers say
Music Canada - Ottawa City Council approves City’s first Music Strategy
Ottawa Show box - Breaking Down the Ottawa Music Strategy
For more information: 2018-2020 Ottawa Music Strategy
Presentation to Ottawa’s Finance and Economic Development Committee
Impact Infographic for 2017