Business leaders call on governments to make downtown Ottawa a 'top priority'

Ottawa's downtown office vacancy rate reached an all-time high in the first quarter of 2023, a new report says.

Business leaders held a media conference in downtown Ottawa Friday morning to announce a 5-pillar action plan, with the objective of mobilizing all stakeholders to join in building a "roadmap to transformation for our downtown core." "The absence of a focused plan could result in a negative ripple effect on the property tax base and the ability to provide essential services."

"The time has come for unparalleled collaboration and support from all levels of government and stakeholders. Urgent action is necessary to prevent further deterioration of the downtown core and avoid irreversible consequences," The Ottawa Board of Trade said on Twitter.

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