Construction

Developers, contractors, unions, associations, and workers are uniting in a growing coalition supporting the Toronto Declaration of Inclusive Workplaces & Communities.“Systemic racism and discrimination harm our construction…

Buyers are spending more money on home purchases in several major Canadian cities, even as the COVID-19 pandemic causes layoffs and income reductions across the country.The Canada Mortgage and Housing Corp. said Thursday that home sales…

OTTAWA – Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.Macklem says rising prices in particular for single-family…

A coalition of construction sector associations have allied to urge the federal and provincial governments to deliver on infrastructure investments.The newly formed Building for Recovery coalition includes Associated Equipment…

In a speech today to chambers of commerce in Calgary and Edmonton, Bank of Canada Governor Tiff Macklem discussed how the economy and jobs could be different after the COVID-19 pandemic and what we can do to ensure that everyone benefits as…

TORONTO – Canada's biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19.John Aiken, head of research…

Sales of previously occupied U.S. homes rose again last month, a sign that the housing market's strong momentum from 2020 may be carrying over into this year.Existing U.S. home sales rose 0.6% in January from the previous month to a…

CALGARY – Homebuyers and renovators hoping for a mid-winter price slump are instead being greeted with new all-time record high prices for lumber and oriented strandboard (OSB) building panels.Western SPF (spruce, pine, fir) lumber …

EllisDon officially announced the launch of EllisDon Community Builders (EDCB), a new group within the company to assist clients who wish to deliver affordable and supportive housing."We have undertaken a unique approach to addressing…