Latest articles and insights from the construction industry
2 months ago
Hazelview Investments and Sierra Corporation have commenced work on a new rental development in Toronto, featuring 217 homes, including affordable and accessible units, with a focus on family housing and sustainability.
2 months ago
The City of Vaughan has greenlit the Toromont Master Plan, a significant redevelopment project featuring 17 towers and over 9,950 residential units, aimed at enhancing the Vaughan Metropolitan Centre.
2 months ago
PCL Construction revisits the history and renovations of BMO Field, the venue for the upcoming 2026 FIFA World Cup, highlighting its partnerships and advancements over the years.
2 months ago
The U.S. sees a significant rise in office-to-residential conversions, with New York City leading the way. This trend is driven by high vacancy rates and government policies aimed at addressing housing shortages.
2 months ago
The Daniels Corporation and Emshih Developments Inc. have commenced construction on a 256-unit rental tower in North Oakville, marking a significant development in the region's housing market.
2 months ago
A recent report reveals that conservation-focused retrofits in Halifax, Montreal, and Vancouver can be more cost-effective and environmentally friendly compared to new construction, challenging existing industry norms.
2 months ago
Canada's merchandise trade surplus increased to $2.7 billion in April, driven by a rise in oil exports, despite challenges in other sectors due to U.S. tariffs.
2 months ago
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.
2 months ago
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.
2 months ago
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%.
2 months ago
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.