David Sali

Dave is OBJ's senior features writer with two decades of experience in the newspaper industry working for a variety of publications from community weeklies to major dailies. He is a four-time award-winning journalist by the Alliance of Area Business Publishers (AABP). He has received awards for best news feature, best scoop and best overall writer among medium-sized business publications.

Ottawa’s Fullscript chasing magic $1B revenue mark after ‘once-in-a-lifetime’ acquisition of U.S. firm

Deal will raise online health-care platform's annual revenues from $300 million to $600 million while boosting its headcount from about 600 to 950. 

Martello lands $2.5M funding boost after two quarters of flat growth

Martello Technologies is getting a multimillion-dollar funding boost as it looks to bounce back from a pandemic-fuelled slump that stalled a years-long stretch of virtually uninterrupted growth.

Business prof predicts surge in bankruptcies as soaring inflation spurs rate hikes

A prominent Ottawa business expert is predicting a wave of bankruptcies in the coming months as Canada’s central bank raises its benchmark interest rate in a bid to put the brakes on inflation.

Fully furnished deal: Burovision Ottawa acquires Ottawa Business Interiors

The merger of two of Ottawa's largest office furniture dealers was triggered by furniture maker Herman Miller’s $1.8-billion acquisition last summer of another leading global manufacturer, Knoll. 

Ottawa’s commercial real estate investment market to remain ‘robust’ in 2022: CBRE

Coming off a record year in 2021, local sector will continue to benefit from attractive cap rates, solid market fundamentals and a backlog of capital, firm says in its latest outlook.

Kinaxis shares rise as Kanata software firm predicts big jump in 2022 revenues

Maker of supply-chain management software said Wednesday it’s projecting revenues of between US $335 million and US$345 million for the 12-month period ending Dec. 31.

Big deal brewing: Beau’s sold to Toronto-based Steam Whistle

Beau's co-founder Steve Beauchesne said joining forces with the southern Ontario brewery will give his company a new lease on life after a tough two years during the pandemic.

Looming interest rate hikes could deal another major blow to COVID-battered SMEs, biz group says

Canadian Federation of Independent Business boss Dan Kelly says expected rate hikes will pack a wallop for retailers, restaurants and other mainstreet enterprises in a couple of key ways.

Fengate to build 1,900 residential units at pair of prime Ottawa development sites

Toronto firm says it has purchased a one-acre site at 1209 St. Laurent Blvd., across from the St. Laurent Shopping Centre, as well as property at 1047 Richmond Rd., near Carlingwood Shopping Centre.

Ottawa’s PartnerPortal.io lands six-figure pre-seed funding round to fuel scaleup bid

Investors in Ottawa software startup that helps customers expand their marketing and sales partnership networks include a former top executive at Shopify rival BigCommerce.

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