Economic Archives - constructconnect.com Canada's construction news Tue, 13 May 2025 13:47:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://cc-production-uploads-bucket.s3.amazonaws.com/uploads/2021/10/cropped-favicon-32x32-1-32x32.png Economic Archives - constructconnect.com 32 32 Municipalities’ Housing Accelerator Fund incentive puts dollars in developers’ pockets /joc/news/economic/2025/05/municipalities-housing-accelerator-fund-incentive-puts-dollars-in-developers-pockets /joc/news/economic/2025/05/municipalities-housing-accelerator-fund-incentive-puts-dollars-in-developers-pockets#respond Tue, 13 May 2025 10:55:23 +0000 /?p=461309 As both large and smaller municipalities struggle with housing demands, several are using funds from the federal $4 billion Housing Accelerator Fund (HAF) in a novel incentive program that puts dollars into the pockets of developers and builders. HAF, which runs until 2026-27, has provided funds to Canadian municipalities in four areas: implementing the initiatives, […]

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]]> /joc/news/economic/2025/05/municipalities-housing-accelerator-fund-incentive-puts-dollars-in-developers-pockets/feed 0 CEOs call on Carney to ‘take action’ to support domestic energy sector /dcn/news/economic/2025/05/ceos-call-on-carney-to-take-action-to-support-domestic-energy-sector /dcn/news/economic/2025/05/ceos-call-on-carney-to-take-action-to-support-domestic-energy-sector#respond Tue, 13 May 2025 08:00:51 +0000 /?p=461314 OTTAWA — Canada’s energy CEOs are calling on Prime Minister Mark Carney to scrap the emissions cap on oil and gas producers and repeal industrial carbon pricing to help bolster the industry. Thirty-eight CEOs of Canadian energy companies signed a letter congratulating Carney on his election win and pitching policy measures they say would help […]

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]]> /dcn/news/economic/2025/05/ceos-call-on-carney-to-take-action-to-support-domestic-energy-sector/feed 0 Tariffs, immigration crackdown threaten U.S. construction: ÈȵãºÚÁÏ economic webcast /dcn/news/economic/2025/05/tariffs-immigration-crackdown-threaten-u-s-construction-economists /dcn/news/economic/2025/05/tariffs-immigration-crackdown-threaten-u-s-construction-economists#respond Mon, 12 May 2025 13:10:29 +0000 /?p=461237 Construction economists assembled for a recent spring economic forecast outlined a litany of threats to growth in the sector, with the Donald Trump tariffs and his crackdown on immigration near the top of their lists. Ken Simonson, chief economist with the Associated General Contractors of America (AGC), told viewers dialled in to the Construction Economy […]

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]]> /dcn/news/economic/2025/05/tariffs-immigration-crackdown-threaten-u-s-construction-economists/feed 0 A commercial real estate perspective on the Canadian election’s outcome /dcn/news/economic/2025/05/a-commercial-real-estate-perspective-on-the-canadian-elections-outcome /dcn/news/economic/2025/05/a-commercial-real-estate-perspective-on-the-canadian-elections-outcome#respond Mon, 12 May 2025 10:10:57 +0000 /?p=459925 Canadians just elected Prime Minister Mark Carney and the Liberal Party of Canada to lead the country. Congratulations to Prime Minister Carney. He brings incredible credentials and is somebody that can help guide and lead us in developing new trading partnerships and policies. As our prime minister, he will explore and build new relationships for […]

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]]> /dcn/news/economic/2025/05/a-commercial-real-estate-perspective-on-the-canadian-elections-outcome/feed 0 Toronto-area home sales fall in April as buyers wait out trade uncertainty: board /dcn/news/economic/2025/05/toronto-area-home-sales-fall-in-april-as-buyers-wait-out-trade-uncertainty-board /dcn/news/economic/2025/05/toronto-area-home-sales-fall-in-april-as-buyers-wait-out-trade-uncertainty-board#respond Mon, 12 May 2025 10:05:30 +0000 /?p=459912 TORONTO — Home sales in the Greater Toronto Area were down 23.3 per cent in April amid continued uncertainty over the economy. The Toronto Regional Real Estate Board says 5,601 homes were sold last month, compared with 7,302 in April 2024, while sales were up 1.8 per cent from March on a seasonally adjusted basis. […]

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]]> /dcn/news/economic/2025/05/toronto-area-home-sales-fall-in-april-as-buyers-wait-out-trade-uncertainty-board/feed 0 Power utility TransAlta expects Alberta data centre deal this year /joc/news/economic/2025/05/power-utility-transalta-expects-alberta-data-centre-deal-this-year /joc/news/economic/2025/05/power-utility-transalta-expects-alberta-data-centre-deal-this-year#respond Fri, 09 May 2025 11:05:45 +0000 /?p=459597 CALGARY, ALTA. — Power producer TransAlta Corp. is hoping to sign agreements this year with prospective Alberta data centre partners that would draw on natural gas-fired electricity it generates in the province. “We continue to focus on securing exclusivity with key partners by mid-year with detailed design and definitive agreements expected by year-end,” CEO John […]

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]]> /joc/news/economic/2025/05/power-utility-transalta-expects-alberta-data-centre-deal-this-year/feed 0 Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain /dcn/news/economic/2025/05/trump-agrees-to-cut-tariffs-on-uk-autos-steel-and-aluminum-in-a-planned-trade-deal-with-britain /dcn/news/economic/2025/05/trump-agrees-to-cut-tariffs-on-uk-autos-steel-and-aluminum-in-a-planned-trade-deal-with-britain#respond Fri, 09 May 2025 10:00:57 +0000 /?p=459570 WASHINGTON — President Donald Trump has agreed to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal with Britain, which would buy more American beef and streamline its customs process for goods from the United States. The symbolically resonant agreement announced Thursday still has yet to be finalized, but it suggested […]

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]]> /dcn/news/economic/2025/05/trump-agrees-to-cut-tariffs-on-uk-autos-steel-and-aluminum-in-a-planned-trade-deal-with-britain/feed 0 Advancing mass timber: Risk mitigation and insurance strategies for a thriving sector /dcn/news/economic/2025/05/advancing-mass-timber-risk-mitigation-and-insurance-strategies-for-a-thriving-sector /dcn/news/economic/2025/05/advancing-mass-timber-risk-mitigation-and-insurance-strategies-for-a-thriving-sector#respond Fri, 09 May 2025 08:05:08 +0000 /?p=459634 The Canadian mass timber industry has been making great strides forward, but it has been kept from growing even faster by challenges it faces in procuring reasonably priced insurance and financing. Simon Fraser University (SFU) Renewable Cities recently released a guide that describes these challenges. Titled, Advancing Mass Timber/Risk mitigation and insurance strategies for a […]

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]]> /dcn/news/economic/2025/05/advancing-mass-timber-risk-mitigation-and-insurance-strategies-for-a-thriving-sector/feed 0 What Mark Carney’s election win means for Canada’s construction industry /dcn/news/economic/2025/05/what-mark-carneys-election-win-means-for-canadas-construction-industry /dcn/news/economic/2025/05/what-mark-carneys-election-win-means-for-canadas-construction-industry#respond Thu, 08 May 2025 10:05:21 +0000 /?p=459125   Article submitted by the CIOB As the world’s largest professional body for construction management and leadership, the Chartered Institute of Building (CIOB) will closely monitor how Canada’s construction industry evolves under the newly elected Prime Minister Mark Carney and his Liberal government. That is the shared view of Rami Daniel MCIOB, CIOB Americas hub […]

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]]> /dcn/news/economic/2025/05/what-mark-carneys-election-win-means-for-canadas-construction-industry/feed 0 Sponsored Content: Peakhill Capital launches Peakhill Project Advisory /dcn/news/economic/2025/05/sponsored-content-peakhill-capital-launches-peakhill-project-advisory /dcn/news/economic/2025/05/sponsored-content-peakhill-capital-launches-peakhill-project-advisory#respond Wed, 07 May 2025 13:11:50 +0000 /?p=459040 TORONTO — Peakhill Capital is pleased to announce the launch of Peakhill Project Advisory, a new division offering end-to-end project advisory, development management and delivery oversight for real estate owners, developers, investors and institutional clients.  Backed by the strength of Peakhill Capital, Peakhill Project Advisory has the ability to not only manage projects with precision, […]

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]]> /dcn/news/economic/2025/05/sponsored-content-peakhill-capital-launches-peakhill-project-advisory/feed 0 TC Energy expanding U.S. gas network for Midwest data centres /dcn/news/economic/2025/05/tc-energy-expanding-u-s-gas-network-for-midwest-data-centres /dcn/news/economic/2025/05/tc-energy-expanding-u-s-gas-network-for-midwest-data-centres#respond Wed, 07 May 2025 08:25:50 +0000 /?p=458865 CALGARY — TC Energy Corp. has green-lit a US$900-million pipeline expansion feeding new natural gas-fired power plants in the U.S. Midwest, where artificial intelligence data centres are ravenous for electricity, as well as major refurbishments at the Bruce Power nuclear plant in Ontario. The Northwoods project would add 400,000 mmBTU’s of capacity to TC’s ANR […]

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]]> /dcn/news/economic/2025/05/tc-energy-expanding-u-s-gas-network-for-midwest-data-centres/feed 0 Passive House Canada announces CEO transition /dcn/news/economic/2025/05/passive-house-canada-announces-ceo-transition /dcn/news/economic/2025/05/passive-house-canada-announces-ceo-transition#respond Tue, 06 May 2025 08:10:50 +0000 /?p=458255 TORONTO — Effective May 9, current Passive House Canada (PHC) CEO Chris Ballard will be departing the role with the appointment of incoming CEO Michael Quast.  Ballard has led Passive House Canada for more than five years, guiding the organization through unprecedented challenges, states a release, including the COVID-19 pandemic, and advancing the national conversation […]

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