OBJ staff

Kanata software firm You.i TV sold to WarnerMedia in US$100M deal: report

Since its founding in 2008, the 200-person company has built a high-profile list of customers that includes AT&T, Fox and Toronto’s Corus Entertainment.

Spartan Bioscience re-submits rapid COVID-19 test to Health Canada for approval

After facing months of delays, Ottawa biotech firm is hoping its rapid testing device is poised to clear the final hurdle before it can go to market.

Pomerleau to build $42M Parks Canada artifact storage facility in Gatineau

It's the second major contract the Quebec firm has won for a project in the National Capital Region over the last two months.

Renfrew County to host 2022 Ontario Winter Games

More than 3,000 athletes, coaches and officials are expected to participate in the event, which features more than 20 sports.

Ottawa’s Kinaxis hit with patent infringement lawsuit by U.S. competitor

In the suit filed in U.S. District Court, Arizona-based Blue Yonder claims that Kinaxis used solutions invented by the U.S. firm.

Housing starts jump in November, CMHC says

Ottawa-Gatineau developers started work on 1,496 new builds in November, according to the federal agency, up from the 1,240 starts recorded in November 2019.

Surging beverage sales help boost pot producer Hexo’s Q1 revenues

Ottawa firm posted net revenues of $29.5 million for the three-month period ending Oct. 31, up from $14.5 million in the first quarter of 2020.

Ottawa’s aggregate home price to jump 11.5% in 2021: Royal LePage

Brokerage says region’s stable economy, an influx of buyers from the GTA and surging demand for roomier properties in the COVID-19 era will keep market humming.

Minto Apartment REIT filing opens door to up to $800M in new financing

The move allows Minto to fast-track the process of issuing new units on the Toronto Stock Exchange as a means of raising capital to acquire more property. 

Cannabis producer Hexo unveils new ‘centre of excellence’ and beverage plant in Belleville

New video promo says facility has been “engineered to manufacture advanced cannabis products” ​– including beverages that contain THC, the active ingredient in cannabis that helps produce a high.

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