Economic

OCS announces Barron as new CEO

TORONTO — The Ontario Construction Secretariat’s (OCS) board of directors has an...

Economic January 31, 2025

Most Canadian business leaders support dollar-for-dollar retaliatory tariffs: KPMG

TORONTO — The vast majority of Canadian business leaders want a targeted, dollar...

Economic January 31, 2025

December the worst year for GTA new home sales since 1990: BILD

TORONTO — The Building Industry and Land Development Association (BILD) is stati...

Economic January 30, 2025

Conference Board of Canada sees 1.5% growth this year as tariff uncertainty weighs

OTTAWA — The Conference Board of Canada is forecasting the domestic economy will...

Economic January 28, 2025

U.S. tariffs could slow M&A activity in first half of 2025: KPMG report

TORONTO — A new report says tariffs proposed by the United States on Canadian go...

Economic January 24, 2025

Ontario ministers highlight initiatives for rural communities during ROMA conference

TORONTO — Several Ontario ministers outlined new measures for rural communities...

Economic January 23, 2025

BMO poll says 63% express recession concerns, 48% believe economy will weaken

TORONTO — As tariff threats loom, a new Bank of Montreal survey finds 63 per cen...

Economic January 21, 2025

RJC Engineers announces three new principals, four new associates

VANCOUVER — RJC Engineers is adding to its leadership roster with three new prin...

Economic January 21, 2025

CMHC says total housing starts in 2024 up two per cent from 2023

OTTAWA — Canada Mortgage and Housing Corp. says the total number of housing star...

Economic January 21, 2025

Canadians watching to see if Donald Trump follows through on tariff threat

WASHINGTON — Donald Trump is set to return to the White House with a massive age...

Economic January 20, 2025

Rising borrowing costs batter U.K. government and threaten to derail its left-leaning program

LONDON — Britain’s new government, which is already facing anger over higher tax...

Economic January 20, 2025

National home sales finish strong in 2024, as association forecasts rebound this year

OTTAWA — The number of homes that changed hands across the country in December w...

Economic January 20, 2025

We have a narrow window to fix the housing supply problem

Famed theoretical physicist Albert Einstein once quipped, “In the middle of ever...

Economic January 17, 2025

China’s exports in December up 10.7%, beating estimates as higher US tariffs loom

HONG KONG  — China’s exports in December grew at a faster pace than expected, as...

Economic January 16, 2025

EllisDon’s Geoff Smith received 2025 Toronto Region Builder Award

MISSISSAUGA, ONT. — The honour of the 2025 Toronto Region Builder Award has been...

Economic January 15, 2025

Tariffs from U.S. could cost up to 500,000 Ontario jobs, Doug Ford says

TORONTO — Ontario Premier Doug Ford says provincial officials estimate that U.S....

Economic January 14, 2025

U.S. benefits from Canadian trade at least as much as Canada: report

OTTAWA — The U.S. benefits just as much as Canada does from the current bilatera...

Economic January 14, 2025

RLB research indicates construction cost inflation is stabilizing

PHOENIX — Rider Levett Bucknall (RLB) has unveiled its latest Quarterly Cost Rep...

Economic January 13, 2025

U.S. steel, plastics among items Canada may target with retaliatory tariffs

OTTAWA — Canada is looking to target American steel, ceramics and plastics with...

Economic January 10, 2025

Greater Toronto home sales dip in December to cap ‘transitionary’ 2024: board

TORONTO — Greater Toronto home sales fell slightly last month to cap a year that...

Economic January 10, 2025

Competition Bureau, Rona reach agreement to ‘preserve competition in housing construction’

GATINEAU, QUE. — An agreement has been reached between the Competition Bureau an...

Economic January 7, 2025

Gensler unveils its 2025 design forecast

SAN FRANCISCO – Global architecture and design firm Gensler has unveiled its 202...

Economic January 3, 2025

China’s manufacturing activity slows in December as trade risks grow

HONG KONG  — China's factory activity expanded at a slower pace in December, off...

Economic December 31, 2024

Statistics Canada reports real GDP grew 0.3 per cent in October

OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped...

Economic December 27, 2024

Global Market Scan: Data centres in the age of AI, a global investment surge

The acceleration in adoption of artificial intelligence (AI) has led to a spike...

Economic December 24, 2024

Global EV Growth and the Related Need for Charging Infrastructure

Electric vehicles (EVs) are quickly replacing conventional cars and becoming mai...

Economic December 20, 2024

Will increasing the supply of housing make it more affordable?

Canada has a serious shortage of housing that is affordable, defined as 30 per c...

Economic December 20, 2024

Housing starts rise from last month, up eight per cent in November: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing start...

Economic December 18, 2024

Guckes navigates financial volatility in construction during Buildings Show

In the economic headwinds buffeting Canada, the construction industry needs to h...

Economic December 16, 2024

Toronto home sales jump as October rate cut marked turning point for market: expert

TORONTO — Greater Toronto home sales jumped again last month on a year-over-year...

Economic December 6, 2024

Aecon Utilities acquires Ainsworth’s Power Construction business

TORONTO — Aecon Utilities Group Inc. has announced it has acquired Ainsworth Pow...

Economic December 5, 2024

Morguard states stable growth to persist in multi-suite residential market in Q3 2024

MISSISSAUGA, ONT. — Morguard's 2024 Economic Outlook and Market Fundamentals Thi...

Economic December 2, 2024

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