Economic
Altus report reveals 41,000 jobs, $10B at risk in GTA housing market

Altus report reveals 41,000 jobs, $10B at risk in GTA housing market
TORONTO — A new article by Altus Group, prepared for the Building Industry and Land Development Association (BILD) and the Ontario Home Builders’ Association (OHBA), states without significant intervention to jump-start the housing sector, almost 50 per c...
Economic

Climate change, inflation and shortages impacting contractor insurance coverage
Climate change, inflation, plus material and labour shortages, are all tossing n...
Economic

Tariff tensions spark a development evolution: Arcadis
Tariff tensions have left parts of Canada’s development sector hesitant but the...
Economic

Inflation holds steady at 1.7% in May as rent hikes cool
OTTAWA — The annual pace of inflation held steady at 1.7 per cent in May as cool...
Economic
Latest News

Altus report reveals 41,000 jobs, $10B at risk in GTA housing market
TORONTO — A new article by Altus Group, prepared for the Building Industry and L...
Economic

Climate change, inflation and shortages impacting contractor insurance coverage
Climate change, inflation, plus material and labour shortages, are all tossing n...
Economic

Tariff tensions spark a development evolution: Arcadis
Tariff tensions have left parts of Canada’s development sector hesitant but the...
Economic

Inflation holds steady at 1.7% in May as rent hikes cool
OTTAWA — The annual pace of inflation held steady at 1.7 per cent in May as cool...
Economic

Maple Reinders sells AIM Group Ltd.
MISSISSAUGA, ONT. — Maple Reinders Group has announced the divestiture of its ma...
Economic

What goes around: Perkins&Will Vancouver wins award for commitment to circularity
Perkins&Will Vancouver has won in the Commitment to Circularity category at...
Economic

‘Let’s horse trade’: How tariffs are impacting Canadian construction contracts
U.S. President Donald Trump’s on-again, off-again tariffs, and the cloud of unce...
Economic

U.S. Nonresidential Construction Starts Jump to Record $77.2 Billion in May
Key Points May 2025 Nonresidential US Construction Starts were $77.2 bill...
Economic

Removing GST and HST on all new housing would stir the market
Ontario builders appreciate that the federal government has taken steps to cut s...
Economic

Up to 4.8 million new homes needed over next decade to restore affordability: CMHC
OTTAWA — Canada Mortgage and Housing Corp. says up to 4.8 million new homes will...
Economic

Trade with China booming amid U.S. tariff war: Port of Montreal
MONTREAL — The Port of Montreal says trade with China is surging amid the U.S. t...
Economic

Construction sector ramping up tech investments to address labour gap: KPMG survey
TORONTO — A new survey says most Canadian construction companies are still copin...
Economic

Canada’s answer to perilous economic times is nation-building construction
Not surprisingly, due to the new stiff tariff penalties being imposed on most Ca...
Economic , Government , Infrastructure , Projects

Hydro One Limited announces new chair
TORONTO — Hydro One Limited has announced Melissa Sonberg has been appointed as...
Economic

Latest Middle East escalation adds pressure to steel and aluminum costs
In an escalation overnight, Israel launched a missile barrage against key Irania...
Economic

ArcelorMittal Long Products Canada closing wire drawing mill in Hamilton
HAMILTON, ONT. — ArcelorMittal Long Products Canada is closing its wire drawing...
Economic

Ottawa’s GST rebate on new homes would save typical first-time buyer $27K: PBO
OTTAWA — The parliamentary budget officer says an eligible first-time homebuyer...
Economic

Hamilton surpasses $1B in construction value at earliest-ever mark
Hitting the earliest benchmark ever, Hamilton has surpassed $1 billion in total...
Economic

Bank of Canada holds key rate at 2.75% as tariff uncertainty persists
OTTAWA — The Bank of Canada held its benchmark interest rate steady at 2.75 per...
Economic

Building better, together: Corebuild and The Powell Group Join Forces
Every project that Corebuild Construction takes on is grounded in the belief tha...
Economic

Timely construction marketplace stats and some things to think about
There are some known negative forces currently at play in the U.S. construction ...
Economic

Canada needs to boost productivity and housing affordability: OECD report
OTTAWA — A new report by the OECD says Canada needs to boost productivity and ho...
Economic

Prime Minister Carney ‘welcomes’ U.S. court ruling striking down tariffs
OTTAWA - Prime Minister Mark Carney says he welcomes the decision by the U.S. Co...
Economic , Government

Reducing internal trade barriers tops priorities for businesses: KPMG poll
TORONTO — A new report says nearly two-thirds Canadian businesses want the gover...
Economic

Diverso Energy, Mattamy Homes announce joint venture for geothermal homebuilding
TORONTO — Diverso Energy, a geothermal Energy-as-a-Service (EaaS) provider, and...
Economic

CPP Investments sees opportunity in Carney’s call for nation-building projects
OTTAWA — The head of the Canada Pension Plan Investment Board sees opportunities...
Economic

Bird announces $525M in new contract awards across Canada
MISSISSAUGA, ONT. — Bird Construction Inc. has been awarded three projects with...
Economic

TBT Engineering Limited expands across Ontario
THUNDER BAY, ONT. — TBT Engineering Limited (TBTE), a multi-disciplinary enginee...
Economic

Top finance officials from G7 countries gather in Banff for three-day summit
BANFF, ALTA. — High-ranking officials from the world's top economies are in Banf...
Economic

Nuclear deals power 52% profit surge at AtkinsRéalis, prompt brighter forecast
MONTREAL — Nuclear projects fuelled a big surge in revenue at AtkinsRéalis Group...
Economic

The more things change portion of the construction marketplace
“The more things change, the more they stay the same.” You’ve heard that saying...
Economic

Home sales down almost 10% annually last month: Canadian Real Estate Association
OTTAWA — The Canadian Real Estate Association says home sales in April fell 9.8...
Economic
Most Read News

Canada rescinds digital services tax to resume negotiations with U.S.
OTTAWA — Canada is rescinding its digital services tax and will resume trade neg...
Government

Here’s how provinces are trying to remove Canada’s internal trade barriers
OTTAWA — Efforts to boost interprovincial trade have kicked into high gear amid...
Government

iQ Offices opens 302 Bay flagship space in Toronto
TORONTO — iQ Offices, a Canadian co-working operator, recently announced the grand...
Projects

Ground officially broken on Woodbine GO Station
TORONTO — The Ontario government is starting construction at Woodbine GO Station...
Infrastructure

World’s first SMR engineering and service centre to be built at Darlington
CLARINGTON, ONT. – The Ontario government recently announced it has secured an i...
Projects

Climate change, inflation and shortages impacting contractor insurance coverage
Climate change, inflation, plus material and labour shortages, are all tossing n...
Economic

Vacant Buffalo Central Terminal gets a new lease on life with major redevelopment
The Buffalo Central Terminal, a 20-storey Art Deco gem that has sat vacant for d...
US News

Donald Trump’s disdain for wind energy could create windfall for Nova Scotia: experts
HALIFAX — U.S. President Donald Trump's opposition to renewable energy could cre...
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