OBJ's Top Summer Stories

From real estate deals to Italian markets, it's been a busy season
summer

Labour Day weekend already? With back-to-school just around the corner and the working world ready to rouse itself out of a summer semi-slumber, the Ottawa Business Journal rounded up the season’s most-read stories.

TOP WORKPLACES, TOP STORY: Already named one of the capital’s fastest-growing companies earlier this year, Noibu can add another honour to its impressive list of accomplishments in 2021: the title of Ottawa’s best workplace as chosen by its employees.
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COSTCO REVENUE: A big-box retail giant and an e-commerce colossus are among the locally headquartered companies appearing on a newly released list of Canada’s 500 largest corporations by revenue.
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PRICEY APARTMENT: A three-building rental apartment complex in Westboro has sold for $267-million in what is likely the largest residential real estate transaction in Ottawa history.
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UNRESERVED: Six years after launching auto auction site EBlock and helping build it into a firm with nearly 700 employees, Ryan O’Connor has unveiled his newest startup: Unreserved, an online platform that allows prospective homebuyers to bid on properties in real time while guaranteeing sellers a minimum price.
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OTTAWA’S GOT TALENT: ​​CBRE’s 2021 Scoring Tech Talent report ranks 50 North American markets according to each city’s ability to attract and grow tech talent by measuring tech graduation rates, tech-job concentration, tech labour pool size as well as labour and real estate costs, among other factors.
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EASY BREATHING: An Ottawa respiratory therapist has traded in his hospital scrubs for business casual attire after demand for his invention that makes it safer for patients on ventilators to be transported and switched to other devices skyrocketed during the pandemic.
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MY BIG FAT ITALIAN MARKET: Ottawa banquet hall Sala San Marco is bidding goodbye to big fat weddings as it transforms a significant chunk of its space into an authentic Italian food market that's scheduled to open by the end of the summer in Little Italy.
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UNDERWHELMING BUZZ: Cannabis consumers purchased more than $13 million worth of legal pot in Ottawa from authorized brick-and-mortar retailers in the first quarter of the year, according to new figures from the province. That’s less than was expected.
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SILICON VALLEY (NOT): After almost cracking the top 50 in a major ranking of global startup ecosystems a year ago, Ottawa barely remains inside the top 100 in the 2021 list.
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TOWERING AMBITIONS: A Montreal-based developer with extensive holdings in Quebec is moving into the Ontario market with a proposal for a mixed-use highrise at a prominent east-end intersection (Montreal and Blair).
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