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Brigil beefs up development pipeline with two-tower proposal for Richmond Road

Brigil is adding to its growing pipeline of mixed-use development proposals in Ottawa with a plan to build two highrises comprising nearly 600 apartments on Richmond Road.

Ottawa industrial rents keep rising even as vacancies double in Q2: Avison Young

Ottawa’s industrial vacancy rate more than doubled in the second quarter compared with a year earlier as some tenants began moving into newer buildings with smaller footprints, Avison Young says in its latest market report.

Kinaxis hires ex-Dell, HP exec to lead global marketing efforts

Software powerhouse Kinaxis announced last week that Margaret Franco has joined the firm as its chief marketing officer.

C-COM Satellite continues to battle market headwinds as revenues drop 30% in Q2

C-COM Satellite Systems’ revenues fell more than 30 per cent in the second quarter compared with a year earlier due to continued “sluggish market conditions” driven by fears of a looming recession and “anxiety related to geopolitical tensions,” the firm says.

Stoneworks Technologies acquired by TO firm Fulcrum IT Partners in ‘perfect marriage’

Stoneworks has experienced a growth spurt during the pandemic, but will now get a chance to prove its mettle on a bigger stage after being acquired by Toronto-based Fulcrum IT Partners.

Martello raises $2.5M in private placement after revenues fall 8% in fiscal 2023

Martello Technologies has sold $2.5 million worth of stock to Terry Matthews-controlled Wesley Clover International in a non-brokered private placement aimed at helping the Kanata firm fund its operations as it shifts to a new software platform.

Builder files plan for new Holiday Inn near Amazon’s Barrhaven fulfilment centre

An Ottawa firm plans to build a new Holiday Inn near a growing cluster of industrial parks and fulfilment centres in the city’s southwest end.

Winning strategy? Tourism industry hopes sporting events can be a game-changer

Attracting marquee sporting competitions such as rugby's Pacific Four Series is the primary goal of the “bid more, win more, host more” strategy, a joint effort between Ottawa Tourism and the City of Ottawa to promote the capital as a world-class event-hosting destination.

Gen Z worried AI will affect their career prospects, but HR experts say they should embrace it

A new study found that despite their digital savvy, 73 per cent of gen Z workers are worried that AI will impact their jobs. 

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