OTTAWA IS ON THE RISE. Canada’s capital is stepping confidently into a new era, one defined by innovation, collaboration, and purpose-driven investment. Across every corner of our city, a quiet revolution is taking shape as business, government, and community leaders come together to reimagine what a modern capital can be.
This is a city on the move, where creativity meets conviction. From the laboratories of Area X.O to the boardrooms of Kanata North, from the revival of our downtown core to the cultural vibrancy of our neighbourhoods, Ottawa’s momentum is unmistakable. It’s a movement powered by people—entrepreneurs, policymakers, artists, builders, and changemakers—each contributing to a shared vision of prosperity that is inclusive, sustainable, and distinctly Canadian.
In this issue of CAPITAL, we explore the stories that define this moment of transformation.
In “The Innovation Capital,” we examine how Ottawa is positioning itself as the hub of Canada’s next economy, where AI, clean technology, cybersecurity, and defence innovation converge to shape a more secure and competitive nation. With one of the highest concentrations of tech talent in North America and a global reputation for excellence, Ottawa is not just adapting to change, it’s driving it.
In “Downtown Transformation,” we turn our focus to the heart of the city. Once the symbolic centre of government, downtown Ottawa is evolving into a vibrant, people-powered district where business, housing, and culture coexist. Guided by the Downtown Ottawa Action Agenda and the vision of A Living Capital, renewal is visible on every block—new homes, new venues, new reasons to gather and belong.
In “The Great Canadian Reset: Ottawa Edition,” guest editor Ludovic Viger explores how local co-operatives, credit unions, and social enterprises are reshaping economic success. Their stories remind us that true prosperity is shared prosperity—and that Ottawa’s legacy of community leadership continues to inspire new models for inclusive growth.
Energy and defence are also central to Ottawa’s resurgence. Our feature on “The Next Economy” highlights how investment in clean energy and national security is fueling a new wave of opportunity. These industries are not just strengthening our economic foundations; they are aligning innovation with purpose, ensuring that Ottawa remains a city that protects, powers, and propels Canada forward.
What ties these stories together is partnership. Ottawa Unlimited, the joint initiative of the Ottawa Board of Trade, Invest Ottawa, and Ottawa Tourism, embodies this spirit. Together, these organizations are amplifying Ottawa’s global profile, showcasing a capital that is not only beautiful but bold; not only historic but future focused.
Every great city has a moment when possibility becomes progress. For Ottawa, that moment is now. The challenges of the past few years have sparked creativity, collaboration, and confidence like never before. Businesses are reinvesting. People are returning downtown. Institutions are modernizing. And the next generation of innovators and investors are discovering that the capital of Canada is also a capital of opportunity.
This issue of CAPITAL captures that evolution. It is a portrait of a city united by ambition and grounded in purpose. Ottawa is proving that when vision meets collaboration, transformation follows.
Welcome to the new chapter of Canada’s capital: Ottawa rising, resilient, and ready to lead.
Sueling Ching, President and CEO, Ottawa Board of Trade
