Call to Teams for Design Competition for Ontario Line East Joint Corridor
Posted: Jun 30th, 2022In: ConstructionNewsMetrolinx 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[...]
Read More about Call to Teams for Design Competition for Ontario Line East Joint CorridorSoaring inflation has Canadians bracing for more financial turbulence: Angus Reid
Posted: Jun 28th, 2022In: ConstructionNewsIn 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[...]
Read More about Soaring inflation has Canadians bracing for more financial turbulence: Angus ReidCanadian home buyers face least affordable market in a generation: RBC
Posted: Jun 26th, 2022In: ConstructionNewsRBC’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[...]
Read More about Canadian home buyers face least affordable market in a generation: RBCRecord-setting year for residential construction industry: CHBA report
Posted: Jun 25th, 2022In: ConstructionNewsThe 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[...]
Read More about Record-setting year for residential construction industry: CHBA reportOntario must commit to affordable housing for all, not attainable housing
Posted: Jun 24th, 2022In: ConstructionNewsA 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[...]
Read More about Ontario must commit to affordable housing for all, not attainable housingInflation skyrockets to highest level in nearly 40 years as gas prices soar
Posted: Jun 23rd, 2022In: ConstructionNewsOTTAWA – 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[...]
Read More about Inflation skyrockets to highest level in nearly 40 years as gas prices soarAlberta housing starts rebound to 2015 levels as oil prices surge
Posted: Jun 21st, 2022In: ConstructionNewsCALGARY – 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,[...]
Read More about Alberta housing starts rebound to 2015 levels as oil prices surgeThe cheaper we build our buildings, the more they cost after an earthquake, wildfire or tornado
Posted: Jun 17th, 2022In: ConstructionNewsSeveral 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,[...]
Read More about The cheaper we build our buildings, the more they cost after an earthquake, wildfire or tornadoFreeland touts previously announced measures to combat hot inflation
Posted: Jun 16th, 2022In: ConstructionNewsTORONTO – 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[...]
Read More about Freeland touts previously announced measures to combat hot inflationCMHC reports annual pace of housing starts up in May
Posted: Jun 15th, 2022In: ConstructionNewsOTTAWA — 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[...]
Read More about CMHC reports annual pace of housing starts up in May