Ottawa Business Journal

Pollster David Coletto speaks to future of Ottawa’s housing market at GOHBA breakfast

A “perfect storm” of circumstances means more millennials are migrating away from urban areas, with one of the driving factors being a lack of affordable

Kinaxis shares rise as Kanata software firm predicts big jump in 2022 revenues

Techopia

Maker of supply-chain management software said Wednesday it’s projecting revenues of between US $335 million and US$345 million for the 12-month period ending Dec. 31.

WestJet Group to buy Sunwing Airlines amid turbulent global travel market

Canada & World

Under the agreement, a new tour operating business unit will be created under the WestJet Group, to include both Sunwing Vacations and WestJet Vacations Inc.

Interest rate hike won’t cool housing, say experts

Residential

Housing experts say prospective homebuyers hoping Wednesday’s interest rate hike will cool the country’s heated real estate market will likely be disappointed.

UPDATED: Bank of Canada hikes key interest rate

Canada & World

The central bank increased its key rate by a quarter of a percentage point to 0.5 per cent in a bid to help fight inflation,

Clean winner: BluMetric named one of TSX-V’s top 50 performers in 2021

Techopia

Ottawa-based cleantech firm named to TSX’s Venture 50 list after its shares rose 300 per cent last year.

Big deal brewing: Beau’s sold to Toronto-based Steam Whistle

Retail

Beau’s co-founder Steve Beauchesne said joining forces with the southern Ontario brewery will give his company a new lease on life after a tough two

Some Ontarians cheer as COVID-19 restrictions lift, while others remain apprehensive

Eastern Ontario Business Journal

Mask mandates remain in place in Ontario, but businesses like gyms, cinemas and restaurants no longer need to check patrons’ vaccination status as of Tuesday.

Hot housing market drives 2021 economic growth

Real Estate

The country’s hot housing market drove economic expansion last year as the economy grew 4.6 per cent in 2021, Statistics Canada said Tuesday.

Treasury Board boss OKs return to office for federal civil service

Ottawa

Treasury Board president Mona Fortier gave the green light Monday for federal departments and agencies to begin bringing public servants back to the office.