Contractor Aecon settles dispute with Coastal GasLink over pipeline construction
Shares of Aecon Group Inc. fell more than 10 per cent after the infrastructure company announced $237 million in one-time charges related to its work on the Coastal GasLink pipeline project and three other large […]
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More rental housing development needed despite recent rise: RBC economist
A new report from RBC says even though rental housing construction in Canada has picked up significantly, even more is needed to fill a backlog of demand. A rental apartment complex under construction, bottom, and […]
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Roadmap outlines vision for mass timber growth in Canada
On June 13, the Transition Accelerator unveiled the Mass Timber Roadmap at the Press Conference Room in the West Block on Parliament Hill, which outlines a vision for the future of mass timber in Canada […]
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BCCA issues industry alert about removal of Contract A in procurement processes
The BC Construction Association (BCCA) has issued a province-wide industry alert to warn the public of the risks associated with the removal of “Contract A” from the procurement process by some public owners. BCCA said […]
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ICI investment remains level March to April: OCS
A recent economic report by the Ontario Construction Secretariat (OCS) revealed that investment in building construction for ICI was little changed from March to April, but still up +5.4 per cent year-over-year. According to the report, commercial […]
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