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-born Turnstone Biologics goes public on Nasdaq, expects to raise US$80M

Turnstone Biologics, an Ottawa-born biotech startup that landed more than $170 million in venture capital, is going public on the Nasdaq exchange.

Ottawa industrial rents keep rising even as vacancies double in Q2: Avison Young

Ottawa’s industrial vacancy rate more than doubled in the second quarter compared with a year earlier as some tenants began moving into newer buildings with smaller footprints, Avison Young says in its latest market report.

Carlingwood sale could trigger wave of mixed-use development at mall site, experts say

The sale of the Carlingwood Shopping Centre could pave the way for a new mixed-use “ecosystem” that would eventually see condo towers built at the 30-acre site, real estate and retail experts predict.

Kinaxis hires ex-Dell, HP exec to lead global marketing efforts

Software powerhouse Kinaxis announced last week that Margaret Franco has joined the firm as its chief marketing officer.

C-COM Satellite continues to battle market headwinds as revenues drop 30% in Q2

C-COM Satellite Systems’ revenues fell more than 30 per cent in the second quarter compared with a year earlier due to continued “sluggish market conditions” driven by fears of a looming recession and “anxiety related to geopolitical tensions,” the firm says.

Colonnade BridgePort files plan for five-tower residential complex near Blair Station

Colonnade BridgePort says it plans to build five residential highrises with upwards of 1,200 units on property near the Blair LRT station it purchased earlier this year.

Carlingwood Shopping Centre put on the market

Carlingwood Shopping Centre, which opened in 1956 and now contains the country’s largest Canadian Tire store, has been put on the market.

Stoneworks Technologies acquired by TO firm Fulcrum IT Partners in ‘perfect marriage’

Stoneworks has experienced a growth spurt during the pandemic, but will now get a chance to prove its mettle on a bigger stage after being acquired by Toronto-based Fulcrum IT Partners.

Martello raises $2.5M in private placement after revenues fall 8% in fiscal 2023

Martello Technologies has sold $2.5 million worth of stock to Terry Matthews-controlled Wesley Clover International in a non-brokered private placement aimed at helping the Kanata firm fund its operations as it shifts to a new software platform.

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