OBJ staff

Million-dollar-plus ‘luxury’ home sales booming in Ottawa, Re/Max says

A total of 1,766 homes sold for at least $1 million in Ottawa in 2021, more than double the previous year’s tally of 750 such “luxury” transactions, the firm says.

Dream team: NCC chooses firm behind Zibi project to develop LeBreton’s library lands

NCC is selling 1.1-hectare site between the Pimisi LRT station and the future main branch of the Ottawa Public Library to a group led by Toronto-based Dream for $30 million.

Ford government eases COVID-related restrictions on businesses

As of Jan. 31, restaurants, cinemas and museums will be able to reopen at 50 per cent capacity, the province announced Thursday.

Calling all rising business stars: 2022 Forty Under 40 nominations now open

This year marks the 25th edition of the prestigious event, which has honoured more than 900 local business leaders since its inception.

Ottawa-Gatineau housing starts nosedive in December: CMHC

Builders started work on 393 new dwellings in the region last month, a steep drop from the 1,074 starts recorded in December 2020.

Ottawa home prices jump 17% in Q4: Royal LePage

Median price of a single-family detached home in the capital rose 20 per cent year-over-year to $876,600 in the quarter, while condo prices increased 11.5 per cent to $417,700.

Ottawa Business Growth Survey: The talent shortage hits close to home

There is definitely a fight for talent in most sectors of the economy – in many cases a company’s growth potential is directly connected to its ability to recruit and retain staff.

Hard-hit Ottawa small businesses to get federal funding, marketing support

Bank Street, Preston Street, Somerset Chinatown, Sparks Street and Vanier BIAs have been chosen to participate in program aimed at revitalizing mainstreet retailers.

Roxborough Bus Lines’ expansion drive continues with acquisition of Casselman company

Family-owned 417 Bus Line Ltd. has about 220 employees who maintain and operate a fleet of 230 vehicles that includes school buses and motor coaches.

Capital’s office vacancy rate drops to 8.6% in Q4

Downtown vacancy rate of 9.9 per cent last quarter was the third-lowest in North America behind Vancouver and Toronto, real estate firm CBRE says.
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