OBJ staff

Veteran MaRS, Launch Lab adviser Amos named new head of Southeastern Ontario Angel Network

Entrepreneur replaces John Malloy, who retired at the end of March after serving as the organization’s leader since it was founded in 2014.

Gatineau gains fuel surge in April housing starts: CMHC

Local builders started work on 588 new units on the Quebec side of the river last month, accounting for the lion’s share of the year-over-year growth across the region.

Next stop, Ottawa: Megabus to start serving capital next week

Company says it will start providing service on May 20 from a new stop at the St. Laurent transit station to Toronto, Scarborough and Kingston.

Three firms to roll out 1,200 e-scooters in Ottawa in expanded pilot project

Bird Canada, Lime and Neuron have won bids to deliver the two-wheeled electric vehicles in the second year of the scooter pilot.

Ottawa’s Clearford Water Systems takes out US$4.3M in new loans

The firm said the new loans will help it manage its debt as it transitions to a full-service water solutions company.

Hexo to issue up to $150M in new stock to fund U.S. expansion plans

Ottawa-based pot producer says it also wants to upgrade its plant in Belleville, where it bottles cannabis-infused drinks in a joint venture with brewing giant Molson Coors.

Bridgehead posts slight Q1 profit as wholesale, e-commerce sales surge

Coffee chain’s wholesale revenues are up 106 per cent so far in 2021 compared with a year ago, and company says it expects to quadruple its pre-pandemic online sales totals this year.

InterRent REIT rides wave of acquisitions to solid Q1 performance

Ottawa-based company said its funds from operations – a key cash-flow metric for REITs – rose nearly 12 per cent compared with the first quarter of 2020 to $16.2 million. 

Minto Apartment REIT sees vacancies rise in Q1

Company blames drop in suite occupancy rates on economic fallout from the pandemic.

Podcast: A fresh Forty Under 40 class, Bryden’s new waste-to-energy tech, Eastern Ontario tourism investments

Watch on YouTube or listen on Spotify, SoundCloud and other audio platforms.

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