News & Blog

Latest articles and insights from the construction industry

Prime Minister Carney Addresses Economic Challenges Amid Recession Debate

4 months ago

Prime Minister Carney Addresses Economic Challenges Amid Recession Debate

Prime Minister Mark Carney discusses the government's economic strategy in light of recent recession claims, emphasizing positive trends amid challenges.

Ontario Government Launches Development Charge Reduction Program to Lower Housing Costs

4 months ago

Ontario Government Launches Development Charge Reduction Program to Lower Housing Costs

The Ontario government has unveiled a new program aimed at reducing building costs and expediting the construction of new homes, allocating federal and provincial funding over a decade.

First Nations Expand Ownership in Ontario's East-West Tie Transmission Line

4 months ago

First Nations Expand Ownership in Ontario's East-West Tie Transmission Line

Bamkushwada LP has increased its stake in the East-West Tie Transmission Line to 20% with support from the Ontario government, reflecting a significant advancement in Indigenous participation in infrastructure.

Construction Begins on Republic Stadium in Sacramento's Railyards District

4 months ago

Construction Begins on Republic Stadium in Sacramento's Railyards District

Major construction kicks off for Republic Stadium, a 20,000-seat soccer venue in Sacramento, set to transform the city's Railyards district and support local economic growth.

Obama Presidential Center Nears Completion Amid Controversy Over Design and Impact

4 months ago

Obama Presidential Center Nears Completion Amid Controversy Over Design and Impact

As the Obama Presidential Center approaches its public opening on Juneteenth, it faces mixed reactions from Chicago residents regarding its design and impact on the community.

Rapid Growth in Office-to-Residential Conversions Amid High Vacancy Rates

4 months ago

Rapid Growth in Office-to-Residential Conversions Amid High Vacancy Rates

The trend of converting office spaces to residential units is accelerating in the U.S. and Canada, driven by high vacancy rates and supportive local policies, with Calgary leading the way in Canada.

Lower Mainland Real Estate Market Shows Continued Decline as Sales and Prices Drop

4 months ago

Lower Mainland Real Estate Market Shows Continued Decline as Sales and Prices Drop

The real estate market in the Lower Mainland continues to experience a downturn, with significant year-over-year declines in both home sales and prices, as reported by local real estate boards.

Key Personnel Changes in the Real Estate and Development Sector for May 2026

4 months ago

Key Personnel Changes in the Real Estate and Development Sector for May 2026

An overview of significant promotions and new hires in the real estate and development sector in Canada during May 2026.

Upfield Capital Expands Portfolio with Acquisition of Cornerstone at Uplands in Edmonton

4 months ago

Upfield Capital Expands Portfolio with Acquisition of Cornerstone at Uplands in Edmonton

Upfield Capital, in partnership with Arrowleaf Real Estate, has acquired the Cornerstone at Uplands, a 181-unit townhome rental community in Edmonton, addressing a gap in the rental market for family-oriented housing.

Trump Modifies Tariffs on Steel, Aluminum, and Copper Imports

4 months ago

Trump Modifies Tariffs on Steel, Aluminum, and Copper Imports

President Trump has announced adjustments to tariffs on steel, aluminum, and copper imports, affecting agricultural and industrial equipment. The changes aim to support the agricultural sector ahead of the midterm elections.

Independent Review Initiated for North Shore Wastewater Treatment Plant Amidst Soaring Costs

4 months ago

Independent Review Initiated for North Shore Wastewater Treatment Plant Amidst Soaring Costs

Metro Vancouver is conducting an independent review of the North Shore wastewater treatment plant as costs escalate to $3.86 billion, following a settlement with the original contractor.

Canada’s Building Trades Unions Launch Indigenous Reconciliation Action Plan

4 months ago

Canada’s Building Trades Unions Launch Indigenous Reconciliation Action Plan

The Canada’s Building Trades Unions (CBTU) has introduced a new Indigenous Reconciliation Action Plan (IRAP) with commitments aimed at enhancing Indigenous representation in the workforce and fostering economic partnerships across the construction sector.