Ottawa home prices expected to approach 2022 levels by end of year: CMHC
Ottawa home prices are expected to approach peak levels last seen in 2022 by the end of this year before climbing to new highs by
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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.
Demand for small-bay space continues to fuel Ottawa industrial market, brokerage firms say
Tenants continued to snap up smaller industrial spaces at a steady clip in the first quarter of 2024, new figures show. The city’s industrial availability
District Realty to convert Elgin Street office building to residential units
District Realty plans to redevelop an 11-storey office building at 200 Elgin St. into a multi-residential complex, real estate firms CBRE and Colliers said in
Ottawa continues to trail other major Canadian cities in office occupancy: Colliers
Citing data from research agency Environics Analytics, Colliers Canada said Tuesday that Ottawa’s office occupancy rate is currently at 54 per cent of pre-COVID levels.
Feds to lend Telesat $2.14B to help finance Lightspeed LEO satellite program
The federal government has agreed to lend Telesat $2.14 billion to help finance the Ottawa-based telecommunications equipment provider’s low-Earth-orbit satellite constellation, the company announced Monday.
Telesat to hire hundreds of workers as Lightspeed production ramps up
Telesat expects to boost its workforce by nearly 50 per cent in 2024 as the Ottawa-based satellite communications firm ramps up production of its next-generation
Local homebuilders praise province’s $1.8B funding injection for housing infrastructure
The provincial government’s pledge this week to invest more than $1.8 billion to help build at least 1.5 million homes across Ontario by 2031 will
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David Sali
