News & Blog

Latest articles and insights from the construction industry

Bank of Canada Maintains Policy Rate Amidst Economic Uncertainty

3 days ago

Bank of Canada Maintains Policy Rate Amidst Economic Uncertainty

The Bank of Canada has decided to hold its policy rate steady as it navigates complex economic challenges, including rising inflation driven by energy prices and a weaker-than-expected economic performance.

Understanding Revenue Per Person: Enhancing Staffing Efficiency in Construction

3 days ago

Understanding Revenue Per Person: Enhancing Staffing Efficiency in Construction

This article explores the significance of the 'revenue per person per month' metric in the construction industry, addressing overstaffing and understaffing issues while providing insights into effective staffing strategies.

Bank of Canada Maintains Overnight Rate Amid Economic Challenges

4 days ago

Bank of Canada Maintains Overnight Rate Amid Economic Challenges

The Bank of Canada has decided to keep its overnight rate at 2.25%, attributing this decision to a mix of domestic economic weaknesses and global uncertainties. GDP has contracted, while inflation is expected to hover near 3%.

Delay in Opening of Gordie Howe International Bridge Amid U.S.-Canada Tensions

4 days ago

Delay in Opening of Gordie Howe International Bridge Amid U.S.-Canada Tensions

The opening of the Gordie Howe International Bridge has been postponed as negotiations between Canada and the U.S. continue, with implications for trade and traffic.

Corb Lund Delivers Anti-Coal Petition to Alberta's Elections Office

4 days ago

Corb Lund Delivers Anti-Coal Petition to Alberta's Elections Office

Country musician Corb Lund has successfully delivered an anti-coal mining petition in Alberta, aiming to halt two specific coal projects. The petition's fate now rests with Elections Alberta, which has 21 days to verify the signatures.

Intensive Year-Round Construction Planned for Trump's 250-Foot High Arch Near Lincoln Memorial

4 days ago

Intensive Year-Round Construction Planned for Trump's 250-Foot High Arch Near Lincoln Memorial

The construction of a monumental arch proposed by President Trump near the Lincoln Memorial is set to begin with an aggressive schedule that could see work taking place year-round. The project faces scrutiny and legal challenges regarding its impact on the historic skyline.

Prime Minister Carney Leads Virtual Meeting with Premiers Ahead of CUSMA Trade Talks

4 days ago

Prime Minister Carney Leads Virtual Meeting with Premiers Ahead of CUSMA Trade Talks

Prime Minister Mark Carney convened a virtual meeting with provincial premiers to discuss trade negotiations with the U.S. and Mexico concerning the Canada-U.S.-Mexico Agreement (CUSMA) as the July 1 deadline approaches.

Ksi Lisims LNG Project Secures Benefit Agreements with First Nations, Legal Challenges Withdrawn

4 days ago

Ksi Lisims LNG Project Secures Benefit Agreements with First Nations, Legal Challenges Withdrawn

The Ksi Lisims liquefied natural gas project has gained momentum as Western LNG announces benefit agreements with three First Nations, paving the way for the $10-billion project after legal challenges were withdrawn.

Manitoba Premier Advocates for Mining Regulation Revisions to Boost Economic Growth

4 days ago

Manitoba Premier Advocates for Mining Regulation Revisions to Boost Economic Growth

Manitoba Premier Wab Kinew emphasizes the need to streamline mining regulations to enhance the province's economic prospects, while facing opposition concerns regarding environmental standards and a recent investment rejection.