ConstructionNews - Fix Team

Call to Teams for Design Competition for Ontario Line East Joint Corridor

By:Building .caPosted: Jun 30th, 2022In: ConstructionNews

Metrolinx has launched a design competition to encourage teams to submit innovative urban design and landscape architecture solutions for the Ontario Line infrastructure that will be built around the existing rail corridor extending from Eastern[...]

Soaring inflation has Canadians bracing for more financial turbulence: Angus Reid

By:Building .caPosted: Jun 28th, 2022In: ConstructionNews

In the midst of the highest inflation rates in forty years, a new study from the non-profit Angus Reid Institute finds that overall, 45 per cent of respondents say they are worse off now than[...]

Canadian home buyers face least affordable market in a generation: RBC

By:Building .caPosted: Jun 26th, 2022In: ConstructionNews

RBC’s latest housing affordability report released Thursday reveals that the situation is the worst its been since the early 1990s, and will worsen before it gets better. RBC’s aggregate affordability measure for Canada went up 3.7[...]

Record-setting year for residential construction industry: CHBA report

By:Building .caPosted: Jun 25th, 2022In: ConstructionNews

The Canadian Home Builders’ Association (CHBA) has released its annual report on the performance of Canada’s residential construction industry, which according to the association, details a record-setting year for the industry in its contribution to[...]

Ontario must commit to affordable housing for all, not attainable housing

By:Building .caPosted: Jun 24th, 2022In: ConstructionNews

A for sale sign outside a home indicates that it has sold for over the asking price, in Ottawa, in March 2021. House prices and rents have become increasingly more unaffordable in Ontario over the[...]

Inflation skyrockets to highest level in nearly 40 years as gas prices soar

By:Building .caPosted: Jun 23rd, 2022In: ConstructionNews

OTTAWA – Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt[...]

Alberta housing starts rebound to 2015 levels as oil prices surge

By:Building .caPosted: Jun 21st, 2022In: ConstructionNews

CALGARY – Alberta’s cities are once again abuzz with the sound of hammers and saws as surging oil prices fuel a fresh building boom in the province. According to Statistics Canada, housing starts in Alberta,[...]

The cheaper we build our buildings, the more they cost after an earthquake, wildfire or tornado

By:Building .caPosted: Jun 17th, 2022In: ConstructionNews

Several people were injured and homes destroyed after tornadoes touched down in Barrie, Ont., in July 2021. (Duckdave/Wikimedia), CC BY-SA Keith Porter, Western University A tornado cut a 270-kilometre path through Kentucky in mid-December 2021,[...]

Freeland touts previously announced measures to combat hot inflation

By:Building .caPosted: Jun 16th, 2022In: ConstructionNews

TORONTO – Amid stubbornly hot inflation and rising interest rates, Finance Minister Chrystia Freeland detailed financial commitments to “help make life more affordable for millions of Canadians” – but the measures were all previously announced. Freeland delivered[...]

CMHC reports annual pace of housing starts up in May

By:Building .caPosted: Jun 15th, 2022In: ConstructionNews

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May was up eight per cent compared with April. The national housing agency says the seasonally adjusted annual rate of[...]