OBJ staff

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.

Ottawa SMEs to receive free rapid COVID-19 testing kits

Any local business with 150 or fewer employees will be eligible to receive the tests through the Ottawa Board of Trade.

Ottawa-Gatineau’s jobless rate ticks up to 6.7% in April

While the region's economy added 7,600 jobs, the labour force also jumped by an additional 10,200 as more people resumed their search for work, Statistics Canada says.

OBJ: December 1996

Ottawa home starts to fall from 2020’s record high: CMHC

Agency says resale housing market will “remain robust in 2021,” with average prices expected to reach up to $640,000 – nearly $110,000 above the 2020 average.