Latest articles and insights from the construction industry
4 months ago
Stafford and Deveraux Group of Companies have announced a strategic development partnership to co-develop a 12-storey, 159-unit purpose-built rental building at 914 Bathurst Street in The Annex neighborhood of Toronto. The project aims to address the city's housing shortage and affordability challenges by providing high-quality rental housing in a well-located, transit-oriented area.
4 months ago
Coquitlam City Council has approved a rezoning application by StreetSide Developments for a new high-rise tower in the Burquitlam neighborhood. The project includes a 35-storey condo tower and a six-storey rental building, with a total of 400 units. The development is expected to generate significant revenue for the City.
4 months ago
The Hamilton Transit Alliance, led by Aecon Infrastructure Inc., has been awarded the first major package for the Hamilton LRT, which includes civil and utilities work. The project, supported by up to $3.4 billion in investments from the province and federal governments, will involve infrastructure improvements along the LRT route, creating jobs and enhancing transportation in the area.
4 months ago
The British Columbia government has announced the addition of 17 new major investments to its list of priority projects, with a focus on accelerating growth and strengthening Indigenous partnerships. Premier David Eby emphasized the importance of companies investing in the province and highlighted the record levels of mining exploration activity. The government aims to address issues related to Indigenous rights legislation and move forward with $88 billion in proposed major projects over the next three years.
4 months ago
The Bank of Canada has decided to keep its benchmark interest rate steady for the fourth consecutive time, citing uncertainty surrounding the war in Iran and the future of U.S. tariffs. Governor Tiff Macklem highlighted the potential for both rate hikes and cuts depending on how these geopolitical events unfold.
4 months ago
The City of Vancouver is set to begin road rehabilitation work on major routes covering approximately six kilometers next month, with a capital investment of over $15 million. The projects include repaving, sidewalk rehabilitation, and improvements for pedestrians, cyclists, and transit users.
4 months ago
Construction workers and heavy machinery are working on the Giant Mine site in N.W.T. to construct a water treatment plant and secure arsenic trioxide waste. The project aims to protect the environment and human health, with a focus on benefiting local communities. The frozen block method is being used to contain the arsenic underground. The remediation effort involves decontamination, deconstruction, and future earthworks packages.
4 months ago
The Ontario government has clarified that it will not be taking over the entire Toronto Islands for the expansion of Billy Bishop Toronto City Airport. This decision comes after the introduction of a bill that would allow the province to take Toronto's spot in a tripartite agreement governing the land.
4 months ago
The Trump administration has announced payouts for Bluepoint Wind and Golden State Wind to end their offshore wind leases in exchange for reimbursements totaling nearly $900 million. This decision comes after legal battles and challenges to the administration's efforts to block offshore wind projects.
4 months ago
The Ontario government has allocated $15 million in annual funding through the NORDS Fund to assist northern municipalities in enhancing local infrastructure. All 144 northern Ontario municipalities are eligible to receive this funding, with projects such as road reconstruction and watermain extensions being supported.
4 months ago
Waterfront Toronto has revealed its new office space in the T3 Bayside mass timber building, designed to promote inclusivity, sustainability, and wellness. The 14,400-square-foot office features various workspaces, including open and private offices, meeting rooms, and a flexible gathering area for events. The design emphasizes views of Lake Ontario and incorporates sustainable materials to create a welcoming and connected space.
4 months ago
The fourth edition of the Sustainable Construction Barometer reveals that despite economic and global tensions, a majority of Canadian industry stakeholders and citizens still believe implementing more sustainable construction should be a priority. The report highlights key barriers and actions needed to accelerate sustainable construction in Canada.