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Construction
Bank of Canada cuts growth forecast for 2021, reduces bond buying target
OTTAWA – The Bank of Canada says the domestic economy will grow at a slightly slower pace this year than it previously thought and expects the risks from COVID-19 to wane – but not enough to change its trendsetting policy rate.The…
Five men now confirmed dead in Kelowna, B.C., crane collapse as body found
KELOWNA, B.C. – The body of a fifth man killed in the collapse of a construction crane in Kelowna, B.C., has been recovered.A statement from the RCMP says the body was found late Tuesday night as members of a specialized urban search…
Multiple fatalities after construction crane collapses in Kelowna, B.C.
KELOWNA, B.C. – The head of a development company building a 25-storey residential tower says there were ``multiple'' fatalities after a crane collapsed in Kelowna, B.C., on Monday.Jonathan Friesen of the Mission Group said he didn't…
Canada needs infrastructure that can handle climate change, report says
NATIONAL OBSERVERCanada should act fast to protect critical infrastructure from climate breakdown by building resiliency into ports, power grids, bridges, and more, the International Institute for Sustainable Development (IISD) says.…
Most buildings were designed for an earlier climate – here’s what will happen as global warming …
Lunatictm/ShutterstockRan Boydell, Heriot-Watt UniversityClimate change will affect every aspect of our lives – including the buildings we live and work in. Most people in the US, for example, spend about 90% of their time…
Glen Abbey owner ClubLink withdraws appeals over development of golf course
TORONTO – The company that operates the famed Glen Abbey golf course in Oakville, Ont., has withdrawn from its attempt to get permission for a proposed housing and commercial development.TWC Enterprises Ltd., which does business…
RCCAO calls on federal government to address significant infrastructure deficit
The federal government must tackle the country’s massive infrastructure deficit and commit more money into transit, waterworks and roads and bridges, the Residential and Civil Construction Alliance of Ontario (RCCAO) has stated in a recent…
Collaboration with industry required for local housing crisis, says area developer
COLLINGWOODTODAY.CAA major factor impacting the region's attainable housing crisis is the lack of collaboration between the municipality and the development industry, according to Thomas Vincent, president of Global Hospitality Inc.…
Ontario’s ICI Permit Values Fall to Lowest Point in 2021: OCS
Last week, Statistics Canada released building permit data for May 2021. Ontario’s monthly ICI (industrial, commercial, institutional) permit value total was the lowest since December 2020. Institutional permit values were down slightly…
Hiring intentions hit all time high in Bank of Canada business outlook survey
OTTAWA – Hiring intentions among businesses have hit an all-time high and workers' confidence in landing a job has rebounded nearly to pre-pandemic levels as the country looks to a summer rebound from the pandemic, the Bank of Canada says.…