Ottawa Business Journal

Ottawa’s office vacancy rate sees ‘substantial increase’ in Q4: Colliers

Ottawa’s downtown vacancy rate rose several percentage points in the fourth quarter of 2013, according to brokerage firm Colliers International, helping to push down rental

Ottawa home resales fall several percentage points in 2013

Residential

A slow start to the year helped push the number of homes sold by Ottawa realtors down by 3.2 per cent in 2013, according to

Condo market players expect fewer new developments in 2014

Residential

That chill in the air Matthew Sachs felt in late December had nothing to do with the arctic-like temperatures gripping the capital. Instead, the general

Richmond Road condo development moving forward

Residential

A proposed nine-storey condo development in Westboro is moving closer to receiving city approval. On Dec. 10, the city’s planning committee voted to increase the

Fidus rides partnerships, international sales to steady growth in 2013

Techopia

For Fidus CEO Michael Wakim, 2013 was the best year in the history of the company he founded 12 years ago. With revenue rising steadily,

Tamarack cuts plans for Norman Street tower by half

Residential

A developer is asking the city for permission to build a nine-storey tower on Norman Street in Ottawa’s Little Italy. Tamarack Developments had originally proposed

Construction permit values receive slight bump in November

Construction

The value of construction permits the City of Ottawa handed out in November were up slightly from the year before, according to municipal records. Contractors

Magor records another losing quarter as revenue declines

Techopia

Ottawa-based Magor Corp. has once again reported quarterly losses of over $1 million. The video-conferencing firm had a net loss of $1.5 million during its

Condo ownership up in Ottawa but still below other Canadian cities

Residential

Condominiums accounted for 16.3 per cent of owner-occupied households in Ottawa in 2011, according to a new report from the Canada Mortgage and Housing Corp.

Opinion: Retailers find more bang for their buck at the Train Yards

Retail

Marlene Shepherd, doyenne of Ottawa’s fashion retailers, says she took “an educated risk” when she opened a Shepherd’s Fashions store in April 2012 at the Train