Ontario launches Grade 11 program to work toward skilled trade apprenticeship
Posted: Mar 9th, 2023In: ConstructionNewsPICKERING, Ont. – Ontario will allow students in Grade 11 to begin working toward their apprenticeships in skilled trades. Education Minister Stephen Lecce says it’s a deal that lets high school students earn credits toward[...]
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CMHC reports annual pace of housing starts in November climbs to 301,279
Posted: Dec 15th, 2021In: ConstructionNewsOTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November rose 26 per cent compared with October as starts of apartments, condos and other types of multiple-unit housing projects[...]
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Most Canadians want to keep inflation targeting regime, Bank of Canada report says
Posted: Apr 1st, 2021In: ConstructionNewsOTTAWA – Bank of Canada governor Tiff Macklem says different groups of Canadians experience price increases uniquely, and that the central bank will keep that in mind as it decides on a policy framework for the next five years. For three decades, the[...]
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Economy beats expectations, grows 0.7 per cent in January: Statistics Canada
Posted: Mar 31st, 2021In: ConstructionNewsOTTAWA – The Canadian economy grew 0.7 per cent in January in the face of severe public health restrictions, and appears to have grown almost as much in February, Statistics Canada said Wednesday. January’s reading[...]
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Romy Bowers named new head of CMHC, will succeed Evan Siddall in April
Posted: Mar 4th, 2021In: ConstructionNewsThe Canada Mortgage and Housing Corp. has chosen Romy Bowers to succeed Evan Siddall as its chief executive next month. Previously a managing director at Bank of Montreal, Bowers has been with the federal housing[...]
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Benchmark lumber prices jump to a record US$1,000 despite slowdown in sales volumes
Posted: Feb 18th, 2021In: ConstructionNewsCALGARY – Homebuyers and renovators hoping for a mid-winter price slump are instead being greeted with new all-time record high prices for lumber and oriented strandboard (OSB) building panels. Western SPF (spruce, pine, fir) lumber prices rose to a[...]
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CMHC reports annual pace of housing starts down in December
Posted: Jan 19th, 2021In: ConstructionNewsOTTAWA — The annual pace of housing starts in December fell compared with November, according to Canada Mortgage and Housing Corp. The monthly seasonally adjusted annual rate of housing starts for all areas in Canada,[...]
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