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.
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 with a year earlier.
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 high-tech devices in a deal that will lower capital costs by up to US$2 billion.
Kinaxis’s revenues rose more than 30 per cent year-over-year in the second quarter as the Kanata-based company continued to see surging demand for its supply-chain management software.
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 up from the same period a year ago as the firm saw gains in most of its key financial metrics.
The Ottawa Real Estate Board says home sales and prices ticked up in July compared with the same month last year – but transactions and new listings have been slowing as summer goes on amid further interest rate hikes.
Founded in 2010, Relogix makes sensors that track office occupancy, measuring how often spaces such as desks, boardrooms and communal areas are either being used or sitting empty.
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 with a year earlier.