OBJ staff

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.

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.

OC Transpo boss Manconi to retire in September

Longtime city employee became a familiar face as he oversaw construction of the $2.1-billion Confederation Line.

Ottawa house prices soar 42% in April, real estate board says

Residential-class homes in Ottawa sold for an average of nearly $743,000 last month, latest figures show.

Food for thought: Algonquin to launch four-year culinary arts degree program

School says new offering will “combine skills for those who want to wear a lab coat and a chef’s coat, and is well suited for those with a passion for food and a love of science.”

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