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Construction
CMHC has projects underway to help build greener housing in Canada
OTTAWA — The chief climate officer for Canada Mortgage and Housing Corp. says the federal agency has ``lots underway'' to encourage the construction of more sustainable housing.Steven Mennill says a first priority will be developing…
Amazon cloud computing division to open second Canadian hub in Calgary region
CALGARY – Amazon says it plans to open a second cloud-computing server hub in Canada in late 2023 that will result in billions of dollars of investments in the coming years.Amazon Web Services, the company's cloud division, says the new…
Record High Q3 for GTA New Condo Sales: Urbanation
According to data from the recently released Urbanation Inc., Q3-2021 Condominium Market Survey, new condominium apartment sales in the Greater Toronto Area totaled 7,773 units during the third quarter of 2021, increasing 22%…
End of quantitative easing shadows Liberals’ consultation on managing federal debt
OTTAWA – The Bank of Canada's move to end its pandemic-driven purchases of government bonds to stimulate the economy, and warnings of rate hikes sooner than previously expected, has coloured federal efforts to craft an annual plan to…
Bank of Canada warns on prolonged inflation, ends bond buying program
OTTAWA – The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected.The central bank said Wednesday it now forecasts…
Nova Scotia eyeing taxes for homebuyers coming from outside the province
Buying a home in Nova Scotia may soon be more expensive for people from outside the province.Premier Tim Houston has instructed Finance Minister Allan MacMaster to implement a deed transfer tax on any property purchased by individuals…
U of T Engineering professor on a mission to lower concrete’s carbon footprint
By Tyler Irving, U of T NewsFor Douglas Hooton, the main challenge of building sustainably with concrete isn’t really the chemistry or the engineering – it’s trust.“Construction is a very conservative industry, and it’s very…
Ontario to make it easier for immigrants to work in their professions
TORONTO – Ontario is set to introduce legislation that would make it easier for immigrants to get licensed to work in professions that match their areas of expertise.Labour Minister Monte McNaughton said the proposed legislation…
Annual inflation rate hits 4.4 per cent in September, Statistics Canada says
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 in sight to the elevated readings.…
Nova Scotia housing plan includes temporary rent cap, $35 million for new units
HALIFAX – A temporary rent cap will be legislated as part of a wide-ranging government plan to address Nova Scotia's lack of affordable housing.The Progressive Conservative government introduced a plan Wednesday that also includes…