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.
https://www.linkedin.com/in/dave-sali-62882925/

Annual pace of housing starts in Ottawa-Gatineau rises slightly in April: CMHC

The national housing agency says the seasonally adjusted annual rate of housing starts for the fourth month of the year was 16,673 units, up six per cent from 15,715 in March.

Why Sacha Gera is leaving a ‘really good thing’ at Calian to lead Jatom Systems

The 42-year-old president of Calian’s IT and cyber solutions division announced this week he’s leaving his job at one of Ottawa’s most prominent publicly traded companies to become CEO of Jatom Systems Inc. (JSI).

Telesat ‘making headway’ on financing for Lightspeed LEO satellites, CEO says

Telesat chief executive Dan Goldberg says the Ottawa firm is still in talks with export credit agencies aimed at securing financing for its next-generation communications satellites.

Calian reports record Q2 revenues of $168.5M, acquires Hawaii Pacific Teleport

Calian posted a net profit of $4.5 million, or 39 cents per diluted share, compared with $1.3 million, or 11 cents per diluted share, a year earlier.

Minto Apartment REIT refinances mortgages as rising interest rates eat into cash flow

Minto Apartment REIT is refinancing hundreds of millions of dollars’ worth of mortgages as rising interest rates jack up the costs of servicing its debt and eat into its cash flow, the company said this week.

True North REIT selling Narono Building at 360 Laurier Ave. for $17.5M

True North Commercial REIT said in financial filings this week it has agreed to sell the 11-storey Narono Building at 360 Laurier Ave. W. to an unnamed buyer for about $17.5 million.

InterRent REIT, CLV Group seeing brisk demand for units at Slayte rental conversion project

InterRent REIT says occupancy at the Slayte, the 11-storey rental complex at 473 Albert St. it is developing in conjunction with sister company CLV Group, is “quickly approaching” the 50 per cent mark “despite lease-up having mainly occurred during the weaker winter rental months.”

Group Germain still hoping to build airport Alt Hotel in ‘near future’ after tax break rejected

In an email to OBJ on Monday, Group Germain’s vice-president of operations, Hugo Germain, said the Quebec-based hotel chain is still working with the Ottawa International Airport Authority on a proposal to build a 180-room Alt Hotel that would be attached to the airport terminal.

Tech sector shrinks as Ottawa-Gatineau unemployment rate ticks up to 4.2% in April

Ottawa-Gatineau’s tech sector shrank by more than 10 per cent last month, Statistics Canada said Friday – an ominous sign for a local industry rattled by Shopify’s decision this week to cut a fifth of its workforce.

Kinaxis raises 2023 guidance as revenues grow 3% in first quarter

Kanata-based producer of supply chain management software turned a profit of $1.2 million, compared with a profit of $12.5 million in the first quarter of 2022.
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Artificial intelligence is rapidly becoming an essential tool in today's workplace, helping organizations improve efficiency, streamline operations, and enhance decision-making. However, as AI becomes more integrated into day-to-day business, employers must also navigate the legal, ethical, and operational risks that come with its use. Join Jordon White of Emond Harnden LLP for an informative webinar on the evolving role of AI in the Canadian workplace. This webinar will cover: -- The use of AI by employees in complaints, grievances, and workplace disputes. -- Key liability risks arising from the improper use of AI technologies. -- Practical strategies for safely and effectively integrating AI into your operations.
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