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.

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 with a year earlier.

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 high-tech devices in a deal that will lower capital costs by up to US$2 billion.

Kinaxis reports 31% increase in second-quarter revenues

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.

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...

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...

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 up from the same period a year ago as the firm saw gains in most of its key financial metrics.

Ottawa home sales and prices up from last July: OREB

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.

Growth space: Relogix unveils AI to help office tenants better predict real estate needs

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 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 with a year earlier.

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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