Canada’s construction industry poised for growth: JLL
After a year of stabilization, the construction industry in the U.S. and Canada is positioned for success in 2024, thanks to strong demand and as the normalization of supply chains and material prices, according to […]
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Industrial sector investment continues upward trend: OCS
A recent economic report by the Ontario Construction Secretariat (OCS) revealed that employment and labour force increased slightly but left the unemployment rate unchanged at 4.3 per cent. According to the report, total ICI building construction […]
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Federal government announces more than $60 million in funding for new rental homes in Ontario
The federal government recently announced over $60 million to build 204 purpose-built rental homes across two projects in Kingston and Peterborough. The announcement was made on November 17, 2023, at the 11 Wright Crescent project by Mark Gerretsen, Member […]
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Institutional permit value experiences reversal from record high: OCS
A recent economic report by the Ontario Construction Secretariat (OCS) from early November revealed that employment and labour force decreased, while the unemployment rate increased from 3.7 per cent to 4.3 per cent. According to […]
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Expect Delays
Every major building project faces its own particular challenges, but all too often cost claims and overruns have common underlying causes. Canada is no exception to this universal truth, though projects here are more susceptible […]
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