Calian eyes cost cuts as Kanata firm’s revenues rise, profits fall in third quarter
Calian Group says it is making cuts in “targeted areas” after the Kanata-based firm reported higher revenues but lower profits in the third quarter compared
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David Sali
Dave is OBJ’s senior writer and editor 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.
Telesat’s stock price soars as firm announces Lightspeed satellite project on course
Ottawa-based Telesat says it’s ready to shift production of its multibillion-dollar satellite constellation into high gear after a new supplier has agreed to build the
Kinaxis promotes senior execs to new C-suite roles in bid to accelerate growth trajectory
Supply-chain management software powerhouse Kinaxis continues to overhaul its executive team in a bid to accelerate its global expansion amid unprecedented demand for its products.
Ottawa-Gatineau’s unemployment rate ticks up to 4.5% in July
Ottawa-Gatineau’s unemployment rate continued to rise last month as the workforce kept growing faster than the number of new jobs created. Statistics Canada said Friday
InterRent REIT sees occupancy, revenues rise in Q2 compared with previous year
InterRent REIT said the occupancy rate in its buildings fell slightly in the second quarter compared with the first three months of 2023 but was
Bridgehead sees revenues jump 26% in Q2
Bridgehead’s revenues continued to perk up in the second quarter as the Ottawa-based coffee retailer posted sales gains of more than 25 per cent compared
Marriott Ottawa hotel sold to Toronto-based firm
The Marriott Ottawa has been sold to Toronto-based Manga Hotels Group in a deal that closed last week. The purchase price was not released.
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