Ottawa Business Journal

New government builds to add pressure to class-B landlords

With the first of five new government office buildings scheduled for completion this year, local real estate observers are watching which departments are starting to

Home prices up 5.6% in January

Residential

Local home prices continued to outstrip the rate of inflation last month as the average residential resale price climbed 5.6 per cent to hit $349,415,

Feds renew Centennial Towers lease with Morguard

Non-Residential

The city’s largest private-sector landlord has renewed a lease with the federal government for more than 378,000 square feet inside a downtown office tower, according

Opinion: Focusing on finding financial success in film from Ottawa

Ottawa

I recently interviewed screenwriter Sharon Buckingham, best known as the writer/producer and creative force behind Sticks & Stones, a CTV made-for-TV movie. It won both

Macdonald-Cartier Bridge rehab contract awarded

Construction

MMM Group Ltd. and CIMA+ SENC garnered a $1.8-million engineering design contract to rehabilitate the Macdonald-Cartier Bridge. The contract, stated Public Works in a press release,

Construction permits soar 132% in December

Construction

The value of local construction permits jumped by $150 million, year-over-year, in December, according to city records. Municipal officials issued 681 permits, with a total

U of O fast-tracks new sports stadium

Construction

University of Ottawa officials intend to kick off bidding to construct a new $8-million sports stadium in the coming weeks with an aggressive goal of

Opinion: An opportunistic acquisitions strategy

Techopia

One would expect a company with 31,000 employees and revenues of $4.32 billion – making it the seventh-largest systems integrator in the world – to

Feds to solicit bids for bridge upgrades

Construction

Local construction companies will soon have an opportunity to bid on rehabilitating three interprovincial bridges in the National Capital Region, the federal government announced Tuesday.

Longevity key in winning light-rail work: industry rep

Construction

Local businesses vying for contracts on Ottawa’s $2.1-billion light-rail line should showcase their stamina when pitching to the prime contractors and their partners, says one