Economic
US adds a surprisingly strong 517,000 jobs despite Fed hikes

US adds a surprisingly strong 517,000 jobs despite Fed hikes
WASHINGTON - America's employers added a sizzling 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve's aggressive drive to slow growth and tame inflation with higher interest rates. The unemployment rate dipped to 3.4%...
Economic , US News

Your top DCN headlines: Jan. 30 to Feb. 3
Your top DCN headlines this week cover industry reaction to the passing of long-...
Associations , Economic , Government , Infrastructure , Labour

Forecast panellists optimistic about prospects for construction growth
Panellists at a recent construction forecast event expressed both short-term and...
Economic , Infrastructure

Era of Construction Bid Prices Chasing Material Cost Increases Nearing End
Graph 1 below shows the moderation in construction material costs that has been...
Economic
Latest News

US adds a surprisingly strong 517,000 jobs despite Fed hikes
WASHINGTON - America's employers added a sizzling 517,000 jobs in January, a sur...
Economic , US News

Your top DCN headlines: Jan. 30 to Feb. 3
Your top DCN headlines this week cover industry reaction to the passing of long-...
Associations , Economic , Government , Infrastructure , Labour

Forecast panellists optimistic about prospects for construction growth
Panellists at a recent construction forecast event expressed both short-term and...
Economic , Infrastructure

Era of Construction Bid Prices Chasing Material Cost Increases Nearing End
Graph 1 below shows the moderation in construction material costs that has been...
Economic

RESCON budget submission urges action on Ontario’s desperate housing situation
VAUGHAN, ONT. — A provincial budget submission made by the Residential Construct...
Economic , Labour

Bird acquires Trinity Communication Services
MISSISSAUGA, ONT. — Bird Construction Inc. is acquiring Ontario-based Trinity Co...
Economic

Canadian economy grew slightly in November, expected to slow further
OTTAWA - The Canadian economy grew slightly in November and looks to have stalle...
Economic

What is Driving Population Gains in Canada’s Major Cities?
Statistics Canada has just released population estimates for sub-provincial area...
Economic

Great Gulf names new highrise executive
TORONTO — Toronto-based Great Gulf Group has announced the appointment of Neil V...
Economic

Cegerco president builds a strong succession plan
The business world is notorious for poorly developed succession plans but in the...
Economic

Guckes: Headline inflation fails to capture large price shifts in construction
On January 12, 2023, the Bureau of Labor Statistics released its results for Dec...
Economic

Guckes: Construction wage growth retakes title for fastest rising cost
Hourly construction wage data recorded a 5.8% annual gain in December 2022, acco...
Economic

Statistics Canada says wholesale sales up 0.5 per cent in November at $83.8B
OTTAWA — Statistics Canada says wholesale sales rose 0.5 per cent month over mon...
Economic

George Brown College, CILTNA partner to create opportunities for supply chain grads
TORONTO — George Brown College’s (GBC) School of Continuing Education and The Ch...
Economic

RLB reports positive growth for GTA construction in 2022
TORONTO — The first half of 2023 should be strong for the Greater Toronto Area (...
Economic

Co-operators new Guelph HQ achieves zero carbon design standard
GUELPH, ONT. — Co-operators has announced its new head office in Guelph, Ont., c...
Economic , Projects

2022 Toronto housing starts highest in a decade
OTTAWA — Housing starts in the Toronto Census Metropolitan Area (CMA) concluded...
Economic

FedDev invests over $5 million in Windsor-Essex manufacturing industry
OLDCASTLE, ONT. — FedDev Ontario is investing more than $5.3 million for two Win...
Economic

CREA predicts 2023 home sales to edge down 0.5% from 2022 mark
OTTAWA — The Canadian Real Estate Association (CREA) says it expects home sales...
Economic

Morguard forecasts continued strength in multi-suite residential rentals
MISSISSAUGA, ONT. — A new 2023 commercial real estate forecast report released b...
Economic

Home prices in Q4 down year over year, first decline since end of 2008
TORONTO — A report by Royal LePage says the median price of a home in Canada in...
Economic

Top 10 major upcoming library and museum construction projects – U.S. – January 2023
The accompanying tables show the top 10 major upcoming library and museum constr...
Economic , US News

Ritchie Bros. Financial reaches milestone
VANCOUVER — Ritchie Bros. Financial Services has announced it has surpassed US$1...
Economic

Daniels highlights social impact achievements
TORONTO — Toronto-based developer Daniels Corporation has released its second an...
Economic

Bimbo Canada to build tortilla production line in Hamilton
HAMILTON, ONT. — Toronto-based bakery Bimbo Canada has announced it will build a...
Economic

Top 10 major upcoming Oil & Gas and Electric Power & Communications construction projects – Canada – January 2023
The accompanying tables show the top 10 major upcoming Oil & Gas and Electri...
Economic

Top 10 largest construction project starts in Canada and Trend Graph – November 2022
The accompanying table records the 10 largest construction project starts in Can...
Economic , Projects

Algonquin slashes quarterly dividend, plans $1B more in asset sales
OAKVILLE, ONT. — Algonquin Power and Utilities Corp. slashed its dividend by 40...
Economic , Resource

Your top DCN headlines: Jan. 9 to 13
Your top DCN headlines this week cover news another sewage spill has been uncove...
Economic , Government , Infrastructure , OH&S

Canada cheers USMCA win as Trudeau wraps Mexico visit singing praises of free trade
MEXICO CITY - Canada and Mexico basked Wednesday in the glow of a major trade wi...
Economic , Government , US News

Strong Immigration Belies Canada’s Hostile Economic Outlook
Following a gain of 285,000 individuals in the second quarter of 2022, Canada’s...
Economic

Insurance Essentials: How to know if you need installation floater insurance
Before tackling your next renovation or new build project, take the time...
Economic
Most Read News

Slate unveils early projects in Stelco lands development
Slate Asset Management recently offered a first glimpse of plans for the redevel...
Infrastructure

U.S. construction costs fell sharply in December
ARLINGTON, VA. — Falling prices for diesel fuel, lumber and steel cooled inflati...
US News

Ottawa Hospital and building trade unions partner to build massive new campus
OTTAWA — The Ottawa Hospital recently announced a first in Ontario health care a...
Infrastructure , Labour

Modular construction just what the doctor ordered for health care
Like other sectors of the Canadian economy, the health care industry wants to sp...
Infrastructure , OH&S , Technology

Crews work 55 consecutive hours to build new Hazel McCallion underpass
MISSISSAUGA, ONT. — It took LIUNA Local 183 crews 55 hours straight under a busy...
Infrastructure

Residences to help solve McMaster’s housing crunch
With lack of student housing now a significant problem, Hamilton, Ont.’s McMaste...
Infrastructure

London, Ont. building collapse survivor dedicates career to changing site safety
It’s been a long and hard road for construction worker Jacob Hurl, who was trapp...
Labour , OH&S

HOPA outlines long list of Hamilton port projects for 2023
Hamilton-Oshawa Port Au-thority (HOPA) executive Jonathan Wetselaar delivered th...
Labour

The Daily news feeds by StatCan
These RSS feeds provide the latest releases by Statistics Canada's official release bulletin.