Latest articles and insights from the construction industry
4 months ago
The adoption of long-range concrete monitoring technology is transforming the efficiency of data center construction projects by providing real-time visibility into in-place strength and temperature development, ultimately reducing delays and improving reliability.
4 months ago
A recent study by REMAX Canada indicates that the anticipated downsizing wave in Canada's real estate market may unfold more slowly than expected due to the scarcity of suitable housing options, particularly for older Canadians. The research highlights concerns among homeowners, especially those aged 65 and older, regarding the availability of downsizing housing. This trend could impact the flow of inventory in the market and hinder younger buyers from entering the housing ladder.
4 months ago
A century-old building in Leslieville, Toronto, offers a one-bedroom suite with a private deck, high-end features, and exclusive amenities for $750,000.
4 months ago
Private equity firm KingSett Capital and retail-focused Choice Properties REIT have joined forces to purchase First Capital REIT in a significant $9.4 billion deal. The transaction includes a cash component and units exchange, offering a premium to First Capital's shareholders. This acquisition marks a trend of publicly-traded REITs transitioning to private ownership, with this deal being one of the largest in Canada's real estate market.
4 months ago
Prime Minister Mark Carney announces the launch of Canada's inaugural national sovereign wealth fund, starting at $25 billion. The fund aims to invest in key Canadian industrial sectors such as energy, infrastructure, mining, agriculture, and technology, with a mix of government and private investments. This significant announcement precedes the Liberal government's spring economic update.
4 months ago
Prime Minister Mark Carney is expected to present an update on the government's fiscal outlook, showcasing the results of the economic agenda. The update follows the Liberals' recent majority status and focuses on defense, infrastructure spending, and reducing reliance on the United States. The opposition and experts are keen on transparency and accountability in spending decisions, especially regarding NATO targets and nation-building projects. The impact of new spending items and the Iran war on Ottawa's finances will also be scrutinized.
4 months ago
Alberta Premier Danielle Smith has introduced legislation to switch the province to permanent daylight time, sparking discussions on the impact of the change. The proposal has implications beyond Alberta, with other Prairie provinces considering similar shifts.
4 months ago
Ironworkers Local 759's training centre in Thunder Bay is set for expansion with an investment of over $644,000 through the Ontario government's Skills Development Fund (SDF) Capital Stream. The project aims to train an additional 150 structural and ornamental workers in heavy machinery, blueprint reading, and welding over the next five years. The new facility will include a modern classroom and a welding space to provide participants with essential skills and safety awareness for a successful career.
4 months ago
Canada experienced a decline in its share of U.S. imports in 2025 due to trade tensions and tariffs. To counter this, the government is focusing on expanding resource and trade capabilities through major projects. The construction industry is benefiting from increased investments in infrastructure.
4 months ago
The Los Angeles County Museum of Art introduces the David Geffen Galleries, a $724 million, 347,600 square-foot monument designed by Swiss architect Peter Zumthor. The galleries aim to offer a unique experience for visitors, encouraging accidental interactions with various artworks and providing stunning views of the city.
4 months ago
Eastern Construction Company Limited celebrates its 75th anniversary with a focus on sustainable building practices, particularly in mass timber projects. The company's commitment to innovation and collaboration is evident in its recent projects and leadership transition.
4 months ago
The Canadian Home Builders' Association (CHBA) released its Q1 2026 Housing Market Index (HMI), indicating a decline in builder confidence nationwide. The report highlights challenges in the residential construction industry, emphasizing the need for government intervention to support homeownership and address affordability concerns.