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.
As layoffs in the tech industry mount amid plummeting valuations and an overall economic slowdown, Syntronic is flipping the script and adding to its footprint in the National Capital Region.
The capital’s industrial availability rate hit 2.6 per cent in the fourth quarter, CBRE said in its latest national market report, up 90 basis points from a year earlier.
That’s up from 10 per cent in the previous quarter and more than four percentage points higher than it was in late 2019, before the pandemic triggered a dramatic shift to remote work that hollowed out office towers across North America.
Mississauga-based real estate firm said Monday it finalized a deal late last month to purchase a 50 per cent share in Telus's Ottawa headquarters at 215 Slater St. from TD Asset Management.
Nearly a year after it slashed its headcount to five people from 21 in a last-ditch bid for survival, the Ottawa-based tech venture is back on a “very nice staircase upwards,” in the words of co-founder Cassy Aite.
Overall, home sales in Ottawa fell 25 per cent in 2022 from the previous year, with a total of 15,288 properties changing hands, compared with 20,289 in 2021.
Business leaders are applauding Shopify’s decision to temporarily scrap most meetings so workers can devote more time to other tasks – but they also caution that decluttering employee calendars might be easier said than done.
CPE Analytics total is still well above the $7.5 billion Canadian companies secured in 2019 before the pandemic triggered widespread economic uncertainty.