OBJ staff

Two Ottawa companies have been selected to participate in the third cohort of the joint accelerator program run by L-SPARK and BlackBerry Ltd. 

President and CEO Leslie Klein said in a news release that this was the third-highest second-quarter sales level posted by the company over the past 10 years. 

Sales worth $1 million or more now account for nearly one in five Ottawa residential transactions – up from less than five per cent just two years ago, Engel & Volkers says.

The capital’s commercial real estate market continues to see a string of deals even as rising interest rates threaten to stall its momentum. 

The Ottawa business community turned out to the World Partnership Golf tournament in support of the Aga Khan Foundation Canada, which aims to end cycles of poverty in Africa and Asia.

Firm says it now expects the aggregate price of a home in Ottawa will be up 10 per cent in the fourth quarter of 2022 compared with a year earlier, down from its previous forecast of 13 per cent.

The competition is a unique opportunity for local enterprises to be recognized for substantial, sustainable and profitable growth.

That marks the lowest rate in at least two decades and comes even as the local economy's job-creation engine stalled last month.

Members of the Ottawa Real Estate Board sold 1,508 residential properties last month, a drop of nearly 30 per cent from June 2021.

If you live in some of the more rural or remote regions of our province, the topic of high-speed internet access can be a thorny one. This edition of the Eastern Ontario Business Journal Podcast digs into this issue.