Ottawa

Pro athletes and senior executives trying to buy a home in Ottawa are among those being affected by the federal government's foreign buyer ban, realtors say. 

Telesat chief executive Dan Goldberg says the Ottawa firm is still in talks with export credit agencies aimed at securing financing for its next-generation communications satellites.

Calian posted a net profit of $4.5 million, or 39 cents per diluted share, compared with $1.3 million, or 11 cents per diluted share, a year earlier.

True North Commercial REIT said in financial filings this week it has agreed to sell the 11-storey Narono Building at 360 Laurier Ave. W. to an unnamed buyer for about $17.5 million.

The celebrity faceoff for minority ownership of the Ottawa Senators could lift the team's profile and give stars a safe way to park their money, experts say.

In response to community feedback, the Tulip Festival will be introducing a new nightly light show to replace its usual Victoria Day fireworks display.

InterRent REIT says occupancy at the Slayte, the 11-storey rental complex at 473 Albert St. it is developing in conjunction with sister company CLV Group, is “quickly approaching” the 50 per cent mark “despite lease-up having mainly occurred during the weaker winter rental months.”

In an email to OBJ on Monday, Group Germain’s vice-president of operations, Hugo Germain, said the Quebec-based hotel chain is still working with the Ottawa International Airport Authority on a proposal to build a 180-room Alt Hotel that would be attached to the airport terminal.

Dennis Van Staalduinen has parted ways with the Wellington West Business Improvement Area (BIA) after serving as its executive director for more than five years. 

Supporters of ONFE’s School Breakfast Program gathered Saturday to ensure local youth don’t have to tackle math equations with hunger pains in their bellies.