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Construction
CREA lowers home sales forecast, but nudges average price higher
Tight supply conditions and increasing home prices pushed the Canadian Real Estate Association to forecast the country will wrap the year with fewer home sales than it previously predicted.The association revealed an updated…
Bank of Canada plans to raise interest rate before moving to reduce bond holdings
Bank of Canada governor Tiff Macklem says the central bank plans to increase interest rates before it reduces the size of its government bond holdings, although its timing on the rate hike will depend on the economic recovery.The…
Ontario government investing $1M for free training to support construction sector
The Ontario government is investing over $1 million in two projects that will provide free training in construction to 645 people in Northern Ontario.According to a release, the investment plan will prioritize those from remote First…
Bank of Canada keeps key interest rate target on hold, citing pandemic related risks
OTTAWA – The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic recovery.The central bank held its target for the…
The CCSA addresses opioids in the trades and construction industry
The Canadian Centre on Substance Use and Addiction partnered with Health Canada to produce a collection of resources to help reduce the harms of substance use for Canadians working in construction and the trades.
The Substance Use and the…
Hurricane straps keep roofs on houses and can improve safety during tornadoes
Some of the worst damage from the EF-2 tornado that struck the Ontario city of Barrie on July 15.
(Northern Tornadoes Project), Author provided
Gregory Kopp, Western UniversityMany people think of a well-built house as one where the…
Affordability issues dotting campaign platforms from major parties
OTTAWA – Canada's main political parties say they are putting your pocketbook at the top of their agendas, with varying promises to help make everything from housing to food to mobile phone bills less costly.Affordability was…
42% hike in construction estimates has Grey County reconsidering long term care projects
COLLINGWOODTODAY.CAGrey County is considering putting a pause on plans to redevelop Markdale's long-term care (LTC) facility after receiving updated financial projections.``We've been advised to increase our per-bed cost for the…
Toronto’s Alexandra Park Community Revitalization Wins ULI Global Awards for Excellence
Toronto Community Housing Corporation (TCHC), Tridel and their Toronto community design team have been awarded an international award for development and urban design, the Urban Land Institute (ULI) Global Awards for Excellence, for the…
Immigrants ‘fundamental’ to tackling Canada’s shortage in skilled trade workers
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 upgrades…