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Construction
Economic stimulus should have stopped earlier to tame inflation, Bank of Canada says
OTTAWA – Bank of Canada deputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic, which likely would have kept a lid…
Canada’s inflation rate cools in August but grocery prices continue to climb
OTTAWA – Canada's annual inflation rate slowed to 7.0 per cent in August largely driven by the price of gasoline falling, but the cost of groceries continues to climb.In its latest monthly consumer price index (CPI) report,…
Ontario’s Construction Employment Reaches New Records: report
According to recent research conducted by the Ontario Construction Secretariat, new data from Statistics Canada has shown that construction employment in Ontario continues to reach new record highs, breaking the previous record from May.…
CAF-FCA Launches Enhanced Program under Canadian Apprenticeship Service
The Canadian Apprenticeship Forum (CAF-FCA) and its partners – the Canadian Construction Association, Aboriginal Apprenticeship Board, Apprenticesearch.com, BuildForce Canada and SkillPlan — launched their Canadian Apprenticeship Service…
Hybrid Timber Floor System project receives Canadian grant funding
The Government of Canada has contributed over $550,000 to a study led by EllisDon and DIALOG.
CMHC reports annual rate of housing starts in August down from July
OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed compared with July.The national housing agency says the seasonally adjusted annual rate of housing starts in August was 267,443 units,…
B.C. Liberal leader says more supply is answer to housing affordability crisis
WHISTLER, B.C. – British Columbia's Liberal leader says more supply is the answer to the province's housing affordability crisis, while some local leaders also called for more immediate action.Opposition leader Kevin Falcon said…
The Bank of Canada’s own policy is the reason why inflation is so high
Governor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa in June 2022.
THE CANADIAN PRESS/ Patrick Doyle
Apostolos Serletis, University of CalgaryThe Bank of Canada has raised interest rates again in an…
Ontario’s Growth Plan is reducing housing affordability
A building under construction in Toronto. According to Canada’s national housing agency, Ontario needs to build 1.8 million new homes to alleviate the housing crisis.
(Shutterstock)
Frank Clayton, Toronto Metropolitan University…
Canadian home sales edge down 1% between July and August
Home sales recorded over Canadian MLS® Systems edged down a slight 1% between July and August 2022 according to the Canadian Real Estate Association (CREA). While this was the sixth consecutive month-over-month decline in housing activity,…