OBJ staff

Roxborough Group continues acquisitions with purchase of Foley motorcoach division

Roxborough Group, an Eastern Ontario passenger transportation company, has acquired Foley Bus Lines motorcoach division, the company announced Wednesday. 

Ottawa housing market on ‘steady upward trajectory’ as prices rise 14% since end of 2022: OREB

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.

Kingston-based manufacturer Terra Nova Truss merges with southwestern Ontario firm

The two companies said they will continue to operate independently and maintain their current branding, while “benefiting jointly from combined operating scale and scope.”

Cyclic Materials raises US$27M in funding to support scale-up efforts

A Kingston company that recycles rare earth elements has raised $27 million in series-A financing.

Community builder: Algonquin College to grant honorary degree to construction, real estate icon Jim Taggart

One of the capital’s leading construction and real estate executives is heading back to school – albeit briefly.

From beekeeping to batteries: How these local companies are prioritizing the environment

As climate change research and efforts in sustainability gain momentum, businesses are focused on making ESG (environmental,...

C-COM Satellite’s Q1 revenues fall nearly 80% amid ‘sluggish’ market conditions

Ottawa firm reported revenues of $683,949 in the three-month period ending Feb. 28, down from $3 million in the first quarter of 2022. 

EOBJ: Special report on transportation and logistics in Eastern Ontario

In this special podcast, the Eastern Ontario Business Journal’s Michael Curran turns spotlight to three transportation and logistics companies are evolving and expanding.

Ottawa home prices still expected to rise in 2023 despite recent declines: Royal LePage

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.

Ottawa-Gatineau’s unemployment rate holds steady at 4.1% in March

Total employment in Ottawa-Gatineau clocked in at 812,500 in March, compared with 811,700 the previous month, StatCan said in its latest labour market report. 

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