Ottawa Business Journal

IDC revenues drop as CEO predicts profits on horizon

Techopia

Several deferred orders caused revenue to fall by nearly half in International Datacasting Corp.’s fiscal first quarter, but its CEO said he expects the firm

CENX adding more space at downtown digs

Techopia

Last fall, CENX president and CEO Ed Ogonek said the company’s goal was to become a world leader in Ethernet software. If it’s not there

Vacancy rates down in the capital, rent up: CMHC

Residential

Vacancy rates in the capital fell slightly in April compared with the same month last year, the Canada Mortgage and Housing Corporation says. In its

Home Builders’ Association head hopeful for compromise after city approves development fee hike

Residential

The head of the Greater Ottawa Home Builders’ Association says he is hopeful his group won’t have to go to the Ontario Municipal Board to

Adding new procedures to defence purchases could exacerbate delays, deputy warns

Defence and Security

Senior officials at National Defence were concerned last fall that the Harper government’s plan to rescue its problem-plagued military procurement system would make a bad

Phil Goodall moves to Govan Brown

Construction

Ottawa native Phil Goodall has been tapped by Toronto-based construction firm Govan Brown to head its local office. The firm is currently handling the 125,000

Builders eye office projects outside core

Non-Residential

A pair of planned new office buildings at Tunney’s Pasture and the Ottawa Train Yards could be a signal that developers believe the federal government

DragonWave projects higher Q1 revenues

Techopia

DragonWave says it now expects to record higher first-quarter revenue than it had previously projected. The Ottawa-based wireless broadband component supplier (TSX:DWI) says it’s now

Get over your inferiority complex, Ottawa: tech visionary

Techopia

Innovators in Ottawa are just as likely to create the next world-changing technology as their competitors in Silicon Valley, a world-renowned innovation expert told a

Minto asks for Stittsville zoning amendment

Residential

A developer is asking the city for permission to build a 454-unit residential subdivision on Hazeldean Road in Stittsville. Minto Communities Inc. wants to build