Many Canadian Construction Firms Confident about Market Conditions: Report
Posted: Sep 22nd, 2023In: ConstructionNewsProcore Technologies, Inc. recently released its Canadian construction industry benchmark report, “How We Build Now: Technology and Industry Trends Shaping Canadian Construction in 2023” which assesses the general sentiment of the industry, the digital maturity[...]
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BMO Centre expansion on track to open for Stampede 2024
Posted: Jun 30th, 2023In: ConstructionNewsRendering courtesy of Stantec Calgary Municipal Land Corporation (CMLC) and the Calgary Stampede, as partners in the delivery of the BMO Centre expansion, have recently announced that the project is on budget and on schedule[...]
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Industrial and commercial permit values drop, institutional rises: OCS
Posted: Jun 20th, 2023In: ConstructionNewsA recent economic report by the Ontario Construction Secretariat revealed that the total ICI building permit values were down 37.6 per cent from March to April. The report revealed that both the commercial and industrial[...]
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ICI construction investment remains at consistent levels: OCS
Posted: Jun 15th, 2023In: ConstructionNewsA recent economic report by the Ontario Construction Secretariat revealed that the total ICI building construction investment was down only 0.1 per cent from February and up around 16 per cent compared to March 2022.[...]
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Bank of Canada raises interest rates as it tries to get ahead of hot economy
Posted: Jun 8th, 2023In: ConstructionNewsPhoto: Bank of Canada OTTAWA – After watching to see whether its aggressive rate hike path were enough to quash inflation, the central bank has opted to raise interest rates again – fuelling speculation that another rate[...]
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Short-term contractions may ease some labour market challenges, but Canada’s construction industry is poised for further growth through 2032
Posted: May 8th, 2023In: ConstructionNewsCanada’s construction sector continues to perform at an elevated level following the COVID-19 pandemic. Strong levels of investments by governments across the country have helped to stimulate the economy, demand for housing remains high, and[...]
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Canadian Wood Council launches networking program
Posted: May 7th, 2023In: ConstructionNewsToronto Public Library’s Scarborough Civic Centre Branch. Photo by ©Ben Rahn/A-Frame The Canadian Wood Council (CWC), an industry association committed to promoting the benefits of using wood in construction and expanding market demand for Canadian[...]
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United Brotherhood of Carpenters launches recognition program to combat industry tax fraud
Posted: May 6th, 2023In: ConstructionNewsFrom left to right: Adam and Steven Venasse with Local 2486 Representatives, Cameron Deering, Gabe Parent, and Rheal Gelinas, as well as Northeastern Ontario Construction Association Representative, Mark Kivanen Calling attention to the growing problem[...]
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Unemployment Rate Increases; ICI Permit Value Remains Steady: OCS
Posted: Apr 15th, 2023In: ConstructionNewsEmployment increased modestly and was accompanied by a stronger increase in the labour force. This resulted in a 2.2% increase in the unemployment rate. This was a relatively large increase and larger than the unemployment[...]
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Industry professionals respond to the 2023 Federal Budget
Posted: Apr 4th, 2023In: ConstructionNewsThe Canada Green Building Council (CAGBC), Canadian Urban Transit Association (CUTA), Pembina Institute, Canada’s Building Trades Unions, and RESCON have issued the following statements in response to the federal government’s Budget 2023: According to the[...]
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