developers - Fix Team

Annual inflation rate hits 4.4 per cent in September, Statistics Canada says

By:Building .caPosted: Oct 21st, 2021In: ConstructionNews

OTTAWA – The cost to put food on the table and gasoline in the car pushed up the cost of living in September, lifting the annual pace of price increases to a near two-decade high with no clear end[...]

Nova Scotia throne speech talks health care reforms, but says little on housing

By:Building .caPosted: Oct 15th, 2021In: ConstructionNews

Agricola Street, Halifax, Nova Scotia (photo: Citobun via Wikimedia Commons) HALIFAX – Nova Scotia’s new government said Tuesday finding solutions for the province’s ailing health system is its top priority, but opposition parties said the[...]

Durham Region to take Brock to court regarding housing project delay

By:Building .caPosted: Oct 15th, 2021In: ConstructionNews

Reiderman Residence (Vancouver) Photo Credit: NRB Modular Solutions THE STANDARD NEWSPAPER BROCK: The Region of Durham is taking the Township of Brock to court over the dispute regarding the Beaverton supportive housing project.[...]

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,[...]

Latest Crane Index sees Toronto increase, Calgary drop slighlty

By:Building .caPosted: Oct 13th, 2021In: ConstructionNews

International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide a perspective on the North American construction industry in 14[...]

Push to send vaccines to developing nations a global economic win: BoC chief

By:Building .caPosted: Oct 9th, 2021In: ConstructionNews

OTTAWA – The governor of the Bank of Canada pressed the case for COVID-19 vaccines to be sent to developing nations as part of a broader push to not only end the pandemic, but aid[...]

Chinese developer misses payment, adding to industry strain

By:Building .caPosted: Oct 7th, 2021In: ConstructionNews

Shenzhen Futian Eastern Skyline, Shenzhen’s two iconic skyscrapers, Kingkey 100, and Shun Hing Plaza (Diwang Building) stand among them. (photo: Charlie Fong via Wikimedia Commons) BEIJING (AP) – A midsize Chinese real estate developer failed[...]

Little room for feds to issue long term debt unless central bank steps in: documents

By:Building .caPosted: Oct 6th, 2021In: ConstructionNews

Bank of Canada (Photo: d.neuman from Ottawa, Canada via Wikimedia Commons) OTTAWA – Newly released documents show the Liberals were told earlier this year that the government’s bid to lock in low interest rates on[...]

GTA condominium apartment sales hit record highs in August

By:Building .caPosted: Sep 30th, 2021In: ConstructionNews

The GTA new home market saw a record number of condominium apartment sales in August, the Building Industry and Land Development Association (BILD) has announced. Condominium apartments, including units in low, medium and high-rise buildings,[...]

MZOs necessary due to speed of approvals: RESCON

By:Building .caPosted: Sep 18th, 2021In: ConstructionNews

The Residential Construction Council of Ontario (RESCON) has issued a statement voicing it’s disappointed at a recent Ontario Divisional Court ruling which indicates that the provincial government erred in failing to consult the public on[...]