Bank of Canada raises interest rates as it tries to get ahead of hot economy
Photo: 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
Canada’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
Toronto 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
From 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
Employment 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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