Too much space?

By Jason Brown
There is such a high demand for prime office space in downtown Ottawa that two companies, and soon possibly a third, have recently unveiled plans for new office towers, threatening to saturate the real estate market.

“I think there’s an issue of timing and absorption,” says David Patton, president of the Building Owners and Managers Association. “When you have two or three new buildings all looking for tenants, you don’t get offices filled very quickly.” read more

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Business owners overlooked

By Brian Publicover

The City of Ottawa is missing the boat with its new approach to the preparation of the 1998 municipal budget by failing to consult Ottawa’s business community.

Building the Budget ‘98 is a new program seeking public input on the upcoming budget. Workshops will be used as a tool to discern what taxpayers feel demands immediate attention. Participants will be provided with an opportunity to tell their elected representatives how municipal dollars should be spent.
A series of exercises will ask respondents to make certain decisions and rank them according to level of importance. Councillors will provide a synopsis of the results to council in time to finalize the budget by May. read more

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