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.

Greentech startup Invert inks deal aimed at helping preserve Amazon rainforest

Ottawa firm announced Tuesday it’s investing US$1.5 million in two projects aimed at saving about 270,000 acres of the world’s largest rainforest – about 60 million trees – from being cut down.

Housing construction pace slows in December as Gatineau records just one start: CMHC

Gatineau’s seasonally adjusted rate of housing starts – a six-month rolling average designed to smooth out monthly fluctuations – dropped to 13 in December from 8,573 in November.

Michael Waters stepping down as CEO of Minto Apartment REIT

Minto has named Jonathan Li, who is currently the REIT’s president and chief operating officer, as Waters' replacement.

Life after Shopify giving Ottawa entrepreneur Jean-Michel Lemieux a ‘second wind’

University of Ottawa grad who built Shopify’s engineering department from a few dozen developers into a global workforce of thousands is relishing his new role as adviser and investor at Denver-based software startup DreamTeam.

Luxury Ottawa home sales buck slowdown trend, up 8.6% in 2022: Report

Sales of homes worth at least $1 million rose in Ottawa last year even as overall transactions...

Montreal firm floats plan for seven-tower mixed-use development in Overbrook

Group Oradev recently filed a development application that calls for the industrial building and attached three-storey office complex that currently occupy 400 Coventry Rd. to be torn down and replaced with seven highrises ranging from 18 to 30 storeys. 

Kanata’s Syntronic pulls trigger on third acquisition in last eight months

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.

Demand for local industrial space ‘still huge’ despite rising availability, real estate leaders say

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. 

Ottawa’s office vacancy rate tops 11% in Q4 as experts forecast ‘bumpy road’ ahead for landlords

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.

Morguard acquires 50% stake in ‘trophy-calibre’ Slater Street office complex for $28.1M

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.

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