Bank of Canada keeps key interest rate target on hold
OTTAWA – The Bank of Canada is keeping its key interest rate target on hold at 0.25 per cent. The rate has been on hold at its rock-bottom level since the onset of the pandemic last year and the central bank has said […]
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Durham College launches new Honours degree program in Construction Management
This September, Durham College (DC) will offer a new degree program for those who wish to fill the estimated 118,000 new construction sector jobs in Ontario. The Honours Bachelor of Construction Management (HBCM) is the […]
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Building permits remain at historically high levels in April: StatsCan
The total value of building permits remained at historically high levels in April 2021, edging down 0.5% to $11.1 billion, following the record set in March, according to Statistics Canada. The slight pullback was mainly due to declines […]
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The OCC launches campaign to raise awareness of the opioid drug overdose crisis
The Ontario Construction Consortium (OCC) launched The Other Pandemic: a campaign to raise awareness of the opioid drug overdose crisis that has hit the construction industry. According to the OCC, as drug overdose deaths have […]
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Don’t Call it a Comeback: Toronto’s downtown core never went anywhere
The first quarter of 2020 was an incredible time for development in Toronto. Developers were bullish and prime development land was scarce. Unfortunately, the pandemic swiftly followed, and many developers, equity providers and purchasers hit […]
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