Canada’s annual inflation rate slowed in January, serving good news for the BoC
OTTAWA – The annual inflation rate slowed more than expected in January, suggesting the Bank of Canada is likely content with its decision to pause rate hikes as price pressures continue to ease. In its consumer price index report […]
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HCRA imposes financial penalties on illegal home builders
As it marks its second year of operations, the Home Construction Regulatory Authority (HCRA) may now impose administrative penalties on Ontario home builders or vendors who breach their legal and ethical obligations. A new regulation […]
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Building Towards a Circular Economy
Generating a staggering $141 billion in GDP for Canada in 2020, the construction sector is integral to Canada’s economy, but the benefits of construction go far beyond just dollars. Construction creates the infrastructure that connects […]
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CMHC says annual rate of housing starts slowed 13 per cent in January
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts fell 13 per cent in January. The national housing agency says the seasonally adjusted annual rate of housing starts for the […]
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Slowing growth a `good thing’ when economy is overheated: BoC’s Macklem
OTTAWA – Bank of Canada governor Tiff Macklem says that although a slowing economy may not seem like a good thing, it is when the economy is overheated. Speaking in Quebec City Tuesday, Macklem said that higher interest rates are […]
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