Condo hoarding showcases new work by Michael Awad
Posted: Jul 24th, 2024In: ConstructionNewsPhoto credit: Michael Muraz Alterra Group of Companies (Alterra), a real estate developer in the Greater Toronto Area (GTA), will feature new work from local artist, Michael Awad. Alterra’s midrise development, 321 Davenport, located in the[...]
Read More about Condo hoarding showcases new work by Michael AwadStrong rebound in commercial permits: OCS
Posted: Jul 20th, 2024In: ConstructionNewsNew Commercial Building with Retail and Office Space available for sale or lease A recent economic report by the Ontario Construction Secretariat (OCS) revealed that total non-residential permit value rose by 34.7 per cent from April[...]
Read More about Strong rebound in commercial permits: OCSBCCA delivers prompt payment legislation report to B.C. government
Posted: Jul 16th, 2024In: ConstructionNewsPhoto by Burst from Pexels The BC Construction Association recently submitted a report on prompt payment to BC’s Ministry of the Attorney General, Minister of Finance, and Premier David Eby. The report, called “The Time[...]
Read More about BCCA delivers prompt payment legislation report to B.C. governmentContractor Aecon settles dispute with Coastal GasLink over pipeline construction
Posted: Jul 13th, 2024In: ConstructionNewsShares 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[...]
Read More about Contractor Aecon settles dispute with Coastal GasLink over pipeline constructionMore rental housing development needed despite recent rise: RBC economist
Posted: Jul 12th, 2024In: ConstructionNewsA 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[...]
Read More about More rental housing development needed despite recent rise: RBC economistBCCA issues industry alert about removal of Contract A in procurement processes
Posted: Jun 29th, 2024In: ConstructionNewsThe 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[...]
Read More about BCCA issues industry alert about removal of Contract A in procurement processesICI investment remains level March to April: OCS
Posted: Jun 28th, 2024In: ConstructionNewsA 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[...]
Read More about ICI investment remains level March to April: OCSB.C. safety agency moves to cut risks for construction cranes after fatal accidents
Posted: Jun 26th, 2024In: ConstructionNewsBritish Columbia’s worker safety agency is moving to “address gaps” in construction crane safety after recent accidents, including fatalities. A collapsed construction crane rests on a building in Kelowna, B.C., Monday, July 12, 2021. THE[...]
Read More about B.C. safety agency moves to cut risks for construction cranes after fatal accidentsCanada sees robust investment in manufacturing facilities and data centers: Report
Posted: Jun 22nd, 2024In: ConstructionNewsThe International construction market survey (ICMS) 2024 report from Turner & Townsend, revealed that the worldwide shift towards deglobalization and nearshoring of manufacturing is particularly impacting markets in North America. According to the report, North American markets[...]
Read More about Canada sees robust investment in manufacturing facilities and data centers: ReportHow The Canadian Housing Market Is Impacting Contractors
Posted: Jun 18th, 2024In: ConstructionNewsThe housing market in Canada is witnessing a dynamic shift as the construction of new homes and larger apartment and condo developments gains momentum nationwide. While investment in housing has dropped in recent years, we’re[...]
Read More about How The Canadian Housing Market Is Impacting Contractors