Ottawa companies brought in $252 million in venture capital in 2022, enough to place it sixth among Canadian cities in VC funding, according to a new study.
Roxborough Group, an Eastern Ontario passenger transportation company, has acquired Foley Bus Lines motorcoach division, the company announced Wednesday.
Ottawa house prices have jumped nearly 14 per cent since the end of 2022, pushing the city back into “seller’s market territory,” the president of the Ottawa Real Estate Board said Wednesday.
The two companies said they will continue to operate independently and maintain their current branding, while “benefiting jointly from combined operating scale and scope.”
In this special podcast, the Eastern Ontario Business Journal’s Michael Curran turns spotlight to three transportation and logistics companies are evolving and expanding.
The real estate firm reiterated its forecast from December that the aggregate price of a home in Ottawa will be two per cent higher in the fourth quarter of this year than in the final quarter of 2022.