Canada - Fix Team

Chantal Hébert – In Pursuit of Housing: The Impact of Canada’s Federal Election

By:Building .caPosted: Oct 16th, 2021In: ConstructionNews

Welcome to CREA’s REAL TIME – a podcast dedicated to sparking conversations with inspiring people about all things Canadian real estate and impacts to REALTORS® and Canadians. Canadians have had their say in Canada’s 44th[...]

Residential construction continues to slow following April peak: StatsCan

By:Building .caPosted: Oct 14th, 2021In: ConstructionNews

According to Statistics Canada, residential construction investment decreased 2.9% in August, with declines posted in every province except for a slight increase in Nova Scotia. Investment in single family homes was down 2.6% to $7.0 billion, with Quebec,[...]

Immigrants ‘fundamental’ to tackling Canada’s shortage in skilled trade workers

By:Building .caPosted: Aug 16th, 2021In: ConstructionNews

With its most recent budget, the Canadian government has greased the skids to get the country back to pre-pandemic growth rates. Its biggest commitment is a $180 billion infrastructure plan that promises everything from overdue[...]

Calgary’s first office-to-housing conversion to begin construction

By:Building .caPosted: Jul 22nd, 2021In: ConstructionNews

Two prominent non-profit organizations have joined forces to convert a vacant downtown office tower into homes for Calgarians in need. Inn from the Cold and HomeSpace Society are partnering on a first-of-its kind project that[...]

Building permits remain at historically high levels in April: StatsCan

By:Building .caPosted: Jun 8th, 2021In: ConstructionNews

The total value of building permits remained at historically high levels in April 2021, edging down 0.5% to $11.1 billion, following the record set in March, according to Statistics Canada. The slight pullback was mainly due to declines[...]

$2.6-billion Canada Greener Homes Grant to provide $5,000 for retrofits

By:Building .caPosted: May 28th, 2021In: ConstructionNews

The Prime Minister, Justin Trudeau, today launched the new Canada Greener Homes Grant, which according to the government, will help up to 700,000 Canadian homeowners across the country improve the energy efficiency of their homes and[...]

Home renovation savings prove elusive as wood prices at record highs

By:Building .caPosted: May 8th, 2021In: ConstructionNews

CALGARY – Canadian consumers have many ways to save money on home renovations despite a pandemic-driven surge in demand that has jolted lumber and construction panel prices to all-time highs. However, such advice usually falls on deaf[...]

Rising loonie hits ‘sweet spot,’ likely to climb further: economists

By:Building .caPosted: May 4th, 2021In: ConstructionNews

Economists say the Canadian dollar is at a ‘sweet-spot’ after rising for seven straight days to top 81 cents US, a point where it benefits consumers but doesn’t hurt businesses too much. The loonie traded[...]

Early estimate from Statistics Canada shows economic growth slowed in Q1

By:Building .caPosted: May 1st, 2021In: ConstructionNews

OTTAWA – The Canadian economy grew at an annual rate of 6.5 per cent through the first quarter of the year, Statistics Canada said Friday, bringing the country tantalizing close to reaching pre-pandemic output. The preliminary estimate for the first three[...]

Majority of homeowners have no plans to sell amid a tight housing market: CIBC

By:Building .caPosted: Apr 23rd, 2021In: ConstructionNews

As supply remains tight in key regions of the Canadian housing market, a recent CIBC survey finds that most homeowners say the pandemic has not changed their intentions of staying put, with many choosing to[...]