Economic
CIMA+ announces executive appointments

CIMA+ announces executive appointments
MONTREAL — Quebec-based engineering firm CIMA+ has announced two appointments to its executive committee. As of May 29, Yves Roland Mondou will act as chief project officer, and Suzanne Demeules will assume the position of executive vice-president, trans...
Economic

IESO announces $136M in funding for new business energy efficiency program
TORONTO - The Independent Electricity System Operator (IESO) recently announced...
Economic

Kruger Construction owner highlights the power of social media for business growth
For Murray Kruger, owner of Kruger Construction, growing the company’s social me...
Economic

New home market in GTA rebounded in April, starts return to normal levels
TORONTO — The GTA new home market rebounded in April with sales starting to retu...
Economic
Latest News

CIMA+ announces executive appointments
MONTREAL — Quebec-based engineering firm CIMA+ has announced two appointments to...
Economic

IESO announces $136M in funding for new business energy efficiency program
TORONTO - The Independent Electricity System Operator (IESO) recently announced...
Economic

Kruger Construction owner highlights the power of social media for business growth
For Murray Kruger, owner of Kruger Construction, growing the company’s social me...
Economic

New home market in GTA rebounded in April, starts return to normal levels
TORONTO — The GTA new home market rebounded in April with sales starting to retu...
Economic

Guckes: Is the banking industry failing to see the value of construction lending?
As the banking industry reels from some of the largest bank failures in history,...
Economic

Guckes: ConstructConnect’s Project Stress Index – May 20, 2023
ConstructConnect's Project Stress Index is a new resource that tracks ch...
Economic

Top 10 largest construction project starts in Canada and Trend Graph – April 2023
There are several reasons for highlighting upcoming large projects. Such jobs ha...
Economic

Cardus report supports open bidding on City of Toronto projects
TORONTO — New research from Cardus shows the City of Toronto could save $347 mil...
Economic , Projects

Top 10 major upcoming Courthouse and Jail and Prison construction projects – U.S. – May 2023
The accompanying tables show the top 10 major upcoming Courthouse and Jail and P...
Economic , US News

CMHC reports annual pace of housing starts up 22% in April
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing start...
Economic

EllisDon partners on new Construction Technology Accelerator Program
MISSISSAUGA, ONT. — EllisDon recently launched a Construction Technology Acceler...
Economic , Technology

More money from Ontario needed to end ‘stalemate’ over Stellantis battery plant: Feds
OTTAWA - Canada offered Stellantis and LG Energy Solution a deal similar to the...
Economic , Government , Projects

Brookfield reports US$424 million first quarter net income
TORONTO — Brookfield Corp. reported first-quarter net income of US$424 million,...
Economic

Top 10 major upcoming Atlantic and Manitoba, Saskatchewan construction projects – Canada – May 2023
The accompanying tables show the top 10 largest upcoming Atlantic and Manitoba,...
Economic

Headwinds Have Not Yet Stalled Nova Scotia’s Economy
The near-term outlook for the Nova Scotia economy is similar to what it was a ye...
Economic

WSP Global doubles down on green tinted expansion
MONTREAL — WSP Global is continuing its years-long expansion, acquiring companie...
Economic

Next step in Ontario EV auto strategy is a lithium hydroxide plant: minister
TORONTO — Ontario Economic Development Minister Vic Fedeli calls it the “sleeper...
Economic , Government

Insurance Essentials: Contractor insurance should cover more than your contractual obligations
General liability policies often exclude liability risks you assume when inkin...
Economic

Your top DCN headlines: May 8 to 12
Your top DCN headlines this week cover some words of wisdom from Toronto Constru...
Associations , Economic , Labour , Resource

President of Big-D Signature Group promoted to COO role
SALT LAKE CITY, UTAH — Michael Kerby has been promoted to a Chief Operating Offi...
Economic

Canada’s April Jobs Report Reinforces the Prospect of a Waiting Game
Similar to what has been occurring in the United States, labour market condition...
Economic

Construction economists forecast ‘soft spots,’ ‘slowdowns’ amidst continuing restraints
There’s a new set of headwinds buffeting the U.S. construction sector in 2023 bu...
Economic , US News

SNC-Lavalin Group reports first quarter profit and revenue up from year ago
MONTREAL — SNC-Lavalin Group Inc. reported its first-quarter profit rose compare...
Economic

Avison Young study finds major potential for office conversion to residential
TORONTO — New analysis from Ontario-based Avison Young suggests up to 34 per cen...
Economic

Ontario residential building permits declined in 2022
TORONTO — For the first time in three years, Ontario saw the number of residenti...
Economic

Top 10 largest construction project starts in Canada and Trend Graph – March 2023
There are several reasons for highlighting upcoming large projects. Such jobs ha...
Economic

An Inconsistent Narrative on the U.S. Labor Market in April’s Jobs Report
Once again, there was no dramatically negative change in the U.S. labor market s...
Economic

JLL Canada to open new office in Kitchener
KITCHENER, ONT. — JLL Canada’s new office site, opening in the Innovation Distri...
Economic

What’s That You Say? There’s a Bull Stock Market Underway!
What’s that you say? There’s a ‘bull’ stock market underway! Yes, indeed, and it...
Economic

ESG compliance liability risk is coming to construction industry directors
Although some may feel ESGs are a symptom of increased “woke capitalism” in toda...
Economic , Resource

Osisko signs 50-50 joint venture deal with Gold Fields to develop Windfall project
TORONTO — Osisko Mining Inc. has signed a deal to form a 50-50 joint venture wit...
Economic , Resource

Surety Corner: Some pessimistic souls are predicting doomsday scenarios
Over the past decade, the surety industry has performed exceptionally well, with...
Economic
Most Read News

UPDATE: Carpenters, LIUNA slam Bradford’s open bidding proposal
Toronto mayoral candidate Brad Bradford’s new proposal to open up bidding on cit...
Government , Labour

Mississauga building a next level net-zero fire station
In the west end of Mississauga, Ont., near the border with Oakville, general con...
Labour

UPDATE: Legal battle brewing between Crosslinx Transit Solutions and Metrolinx
A legal battle is brewing between Crosslinx Transit Solutions (CTS), the consort...
Infrastructure

PEO takes the lead as Ontario removes work-experience condition
TORONTO — In a move intended to boost the ability of immigrant professionals to...
Government , Labour

Consultation launched on Ontario One Call system, halting potential for locate charges from utilities
The Ministry of Public and Business Service Delivery and the Ministry of Energy...
Infrastructure

‘Trust but verify’ cautions technician who survived powerline contact
“I literally felt like I just had fought for my life while stuck on that cable.”...
OH&S

Highway 413: Needed to address growth or just a plan to push sprawl?
Highway 413 is not a transportation plan, but it is an arm of a plan to push spr...
Infrastructure

Top 10 largest construction project starts in Canada and Trend Graph – April 2023
There are several reasons for highlighting upcoming large projects. Such jobs ha...
Economic

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