OTTAWA, ON, June 30, 2026 /CNW/ - Dominion Dynamics, a defence technology company building next-generation defence systems for extreme environments, today announced a $139M CAD ($100M USD) Series A financing led by Georgian. The round included participation from Valor Equity Partners, Expeditions, Lakestar, OMERS, Business Development Bank of Canada (BDC), Royal Bank of Canada (RBC), Deloitte Ventures (Canada), JDY Capital and existing investors British Columbia Investment Management Corporation (BCI), Bessemer Venture Partners, Garage Capital, Golden Ventures and Silent Ventures. It marks the largest Series A funding round in the history of Canadian defence. Dominion has now raised $169M CAD since launching in June 2025.
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City of Ottawa shelves planned tent-like housing for asylum seekers (ottawacitizen.com)
Office to Residential conversion for Kanata North (ottwatch.ca)
The City of Ottawa has received Zoning By-law Amendment application to convert the existing 11- storey office building into 115 residential units and 400m2 of ground floor office space. Proposal Details The subject lands are located on the east side of Legget Drive, between Terry Fox Drive and Solandt Road, in the Kanata Research Park. The subject property, 535 Legget Drive, is currently an irregularly shaped parcel with area of approximately 1.4 hectares.
Telecom company Mitel files for bankruptcy to cut $1 bln in debt (reuters.com)
Mitel, which provides on-premise, cloud, and hybrid telecommunication services to business customers in 146 countries, is owned by private equity firm Searchlight Capital Partners. Searchlight acquired Mitel in 2018 in a transaction in a $2 billion leveraged buyout that left the company with about $1.3 billion in debt.
Best Theratronics needs financial guarantee before resuming operations (ca.news.yahoo.com)
Best Theratronics Ltd. must also provide a plan that “describes the measures it will take to ensure that resumption of operations can be done in a safe and secure manner, protective of the environment and the public,” said a decision released March 5 by the Canadian Nuclear Safety Commission (CNSC).
Hum: Tava Turkish Cuisine in Kanata puts regional twists on kebabs, baklava and more (ottawacitizen.com)
In a Kakulu Road strip mall, Tava, a 30-seat eatery, gives Antep flavours pride of place on its smartly curated menu. I tried chef-owner Fatih Anderoglu’s restaurant three times in February and was consistently impressed, especially when the dishes I chose were Antep specialties.
Kanata South residents press for more amenities during local park makeover - Capital Current (capitalcurrent.ca)
Proudmore Romina Park is nestled among Bridlewood’s homes and leafy spaces in Kanata South. It has many amenities, such as a hill for tobogganing, a basketball court, a play structure and an lots of open field space. <follow link to read full story - 2 minute read>
Donald Trump’s trade war upending business in Kanata tech sector (cbc.ca)
With the American president imposing tariffs and then announcing reprieves, businesses say the uncertainty makes it difficult to assess how to move forward.