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Construction
Canadian Construction Continues to Rebound: Procore Construction Activity Index
Procore Technologies, Inc, published the latest worker hours report for the Canadian construction industry. The report showcases how construction activity continues to recover in Canada during the COVID-19 pandemic after an initial drop in…
Condo rents may have plunged, but that doesn’t mean Toronto has become more affordable
TORONTO STARBy Victoria Gibson, Local Journalism Initiative Reporter, Tess Kalinowski, Real Estate ReporterToronto rents may have stopped climbing in recent months, but don't hold your breath for a sustained shift in affordability…
Seven Ways COVID-19 Is Affecting Canadian Housing: RBC Report
A new report has been released by the Royal Bank of Canada, authored by Robert Hogue, a member of the Macroeconomic and Regional Analysis Group, with RBC Economics. Below is a repost of the report – which can also be downloaded as PDF or…
Mississauga councillors defend NIMBYism and right to spend millions on launching doomed development…
THE POINTERAttention City Hall: stop squandering the public's money – especially during a pandemic. Councillor Carolyn Parrish thinks COVID-19 has only amplified the need for fiscal responsibility.She is tired of a wasteful…
New Rapid Housing Initiative invests $1 billion to create up to 3,000 new homes
The Prime Minister, Justin Trudeau, announced today, the launch of the new Rapid Housing Initiative (RHI) that invests $1 billion to create up to 3,000 new permanent, affordable housing units across the country.The RHI will quickly…
Ontario contractors warn there is not enough infrastructure work in the pipeline: RCCAO Survey
According to a survey released by the Residential and Civil Construction Alliance of Ontario (RCCAO), COVID-19 has significantly affected Ontario’s civil and engineering contractors and resulted in a dramatic drop in tenders being issued…
Crestpoint Real Estate Investments breaks ground on new Amazon fulfillment centre
Crestpoint Real Estate Investments, Broccolini, and Blackwood Partners broke ground on the 1.1 million square foot Amazon fulfillment centre in Ajax.According to the developers, the fulfillment centre will create 1,000 new jobs and will…
InterContinental Hotels Group breaks ground on first avid hotel in Canada
InterContinental Hotels Group (IHG) broke ground on its first Canadian property in Vaughan. The property is the latest international expansion for its avid hotels brand and is expected to open by spring 2022.Offering 119 rooms…
Proposal calls for adding 230 affordable housing units to Lawrence Heights renewal
TORONTO STARA new proposal for the multi-decade revitalization of Lawrence Heights could see 230 new affordable rental units added over the next 17 years at an estimated cost of more than $90 million, with some city officials pushing…
RESCON and 21 industry partners join forces to address racism in the construction industry
The Residential Construction Council of Ontario (RESCON) and 21 industry partners have joined forces and formed a roundtable that will work to address racism in the construction industry.
The roundtable includes employers, unions,…