Latest articles and insights from the construction industry
4 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.
4 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.
4 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.
4 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%.
4 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.
4 months ago
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.
4 months ago
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.
4 months ago
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.
4 months ago
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benefit agreements with three First Nations, paving the way for the $10-billion project after legal challenges were withdrawn.
