Latest articles and insights from the construction industry
2 months ago
Enbridge Inc. remains undeterred by competition from rival oil pipeline expansions in the Canadian basin and the U.S. The company sees the increased competition as a positive sign of confidence in the industry outlook. Enbridge is actively expanding its network, including the Mainline Optimization Program and U.S. pipeline expansions. Despite a decrease in first-quarter profit, Enbridge is moving forward with several projects to support its growth.
2 months ago
Telus and the federal government have announced plans to invest in AI data centres in British Columbia to boost Canada's sovereign computing and artificial intelligence infrastructure. The project involves the development of three facilities in Vancouver and Kamloops, with a focus on sustainability and innovation.
2 months ago
Global real estate firm Jesta Group has made a significant entry into the Toronto residential market with the acquisition of a $30 million bulk condominium portfolio. The company plans to target over 1,000 condominium units in the next 12 months, emphasizing the strong fundamentals of the Toronto market.
2 months ago
The Hudson Tunnel Project in New York City has reached a pivotal phase with the start of the Palisades Tunnel. Massive tunnel boring machines are being assembled in North Bergen for this one-mile section of the project. The project involves complex excavation work and the use of advanced technology to ensure safety and efficiency.
2 months ago
The construction sector in Western Canada is experiencing a shift in challenges, with securing new projects becoming the top concern in 2026. This change comes as the industry grapples with declining margins and ongoing labor shortages. Operational efficiency is now crucial for survival in a market where businesses are facing multiple pressures.
2 months ago
Rennie and The Agency have formed a new partnership to collaborate on new development projects globally. The partnership aims to leverage each company's strengths and expand their reach in the real estate market.
2 months ago
Canadian home sales in April saw a modest increase, reflecting a slow start to the month but with a stronger handoff into May. The market continues to be impacted by global economic uncertainty and higher mortgage rates, leading to a muted rebound in housing markets. However, there is still some upward momentum despite the challenges.
2 months ago
Chartwell Retirement Residences has entered into a definitive agreement to acquire a 30% ownership stake in Seasons Retirement Communities through a joint venture with Fengate Asset Management. The portfolio includes 23 seniors housing properties in Ontario, Alberta, and British Columbia, valued at $1.275 billion. Chartwell will pay $382.5 million for the stake, with the transaction expected to close by the end of Q2 2026.
2 months ago
Wesgroup Properties has submitted a new rezoning application for Civic District in Surrey, proposing four mixed-use towers between 40 and 50 storeys that would deliver 1,900 new homes, retail space, hotel space, and daycare facilities. The project is set to be delivered across four phases, with the first phase consisting of a 42-storey tower with 439 strata units.
2 months ago
Residents in parts of Kamloops, British Columbia have been without water for more than a day due to a broken water main. Efforts to fix the main have been unsuccessful, leading to water use restrictions and warnings not to consume tap water.
2 months ago
Operational issues at the LNG Canada plant in March led to emissions exceedances as reported to the BC Energy Regulator. The plant faced problems with its flare tip and incinerator, resulting in flaring volumes exceeding permitted levels. LNG Canada's response and the implications of these issues are under scrutiny.
2 months ago
After 35 years of dedicated service, Manitoba Heavy Construction Association (MHCA) president and CEO Chris Lorenc is retiring. Lorenc emphasizes the importance of economic growth for funding essential services like health care, housing, and infrastructure. He calls for increased focus on economic development in Winnipeg and proposes the creation of a deputy chief administrative officer for economic development. Lorenc's contributions to the construction industry include introducing the concept of the infrastructure investment deficit and advocating for a national highway system and municipal infrastructure investments.