Economic
CMHC reports annual pace of housing starts down 1% in August

CMHC reports annual pace of housing starts down 1% in August
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July. The national housing agency says the seasonally adjusted annual rate of housing starts in August came in at...
Economic

In Canada, August Featured a Generous Helping of Construction Jobs
August was a good month for jobs creation in Canada’s construction sector, accor...
Economic

Global Market Scan: Helpful AI in construction on an upward trajectory
Though the construction industry contributes a significant share to the GDP of f...
Economic , Technology

Housing gap to restore affordability remains at about 3.5 million units: CMHC
OTTAWA — Canada Mortgage and Housing Corp. (CMHC) says the projected housing sup...
Economic
Latest News

CMHC reports annual pace of housing starts down 1% in August
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing start...
Economic

In Canada, August Featured a Generous Helping of Construction Jobs
August was a good month for jobs creation in Canada’s construction sector, accor...
Economic

Global Market Scan: Helpful AI in construction on an upward trajectory
Though the construction industry contributes a significant share to the GDP of f...
Economic , Technology

Housing gap to restore affordability remains at about 3.5 million units: CMHC
OTTAWA — Canada Mortgage and Housing Corp. (CMHC) says the projected housing sup...
Economic

Your top DCN headlines: Sept. 11 to 15
Your top DCN headlines this week feature news SNC-Lavalin is changing its name i...
Economic , Government , Infrastructure , OH&S , Resource

More on SNC-Lavalin’s name change: Will the rebrand be enough?
MONTREAL — SNC-Lavalin is changing its name to AtkinsRealis as it faces an “infl...
Economic

Exceptional Immigration Imperils Goal of Improved Housing Affordability
In 2022, Canada welcomed 1,007,557 international immigrants, more than twice the...
Economic

Insurance Essentials: Liability risk mitigation tips for electrical contractors
Electricians face many threats to their professional well-being, from theft to f...
Economic

SNC-Lavalin changing its name to AtkinsRealis in effort to shed parts of its past
MONTREAL - SNC-Lavalin says it is changing its name to AtkinsRealis in a rebrand...
Economic

Global cross-regional investment volume down by 52 per cent from H1 2022: CBRE
NEW YORK — CBRE recently released the H1 2023 Global Real Estate Capital Flows r...
Economic

Interest rate hikes might be over but don’t expect housing market to flare up: BMO
TORONTO - One Bay Street economist says it's unlikely the housing market will fl...
Economic , Government

Your top DCN headlines: Sept. 4 to 8
Your top DCN headlines this week feature major news on the Ontario Greenbelt con...
Economic , Government , OH&S

Canadian home prices forecasted to be flat this fall amid high interest rates: report
TORONTO — A new Re/Max Canada report forecasts the country's real estate market...
Economic

With Construction Not Immune, Retail Sales Speak of Slowdown
The U.S. economy grew by +2.0% in the first quarter of this year and by +2.4% in...
Economic

Industrial market in GTA reaches highest availability rate since 2020
TORONTO — The Greater Toronto Area (GTA) industrial market has reached its highe...
Economic

Except for Construction, Deceleration in U.S. Jobs Growth in August
The headline number for U.S. jobs growth in August, from today’s release of the...
Economic

Economists see Bank of Canada holding on rates after surprise GDP contraction
OTTAWA - Economists say the latest GDP data from Statistics Canada showing a con...
Economic , Government

SNC-Lavalin closes on Scandinavian business sale
MONTREAL — SNC-Lavalin has announced it has completed the closing of the sale of...
Economic

Heidelberg Materials to acquire Green Drop Rock
IRVING, TX — Heidelberg Materials North America has announced it has entered int...
Economic

New home market in GTA slows in July
TORONTO — The GTA new home market slowed down considerably in July in response t...
Economic

Global Market Scan: China Chooses to Ease Real Estate Crackdown
China’s economic slowdown and difficult post-COVID-19 recovery have pushed the c...
Economic

High Interest Rates Extend Recession Risk, U.S. and Canada
Recent forecasts of global economic activity by the World Bank, the Internationa...
Economic

Canadians split on whether to blame provinces or feds for housing crisis: poll
OTTAWA - Despite what Prime Minister Justin Trudeau has said recently, a new pol...
Economic , Government , Projects

Top 10 largest construction project starts in Canada and Trend Graph – July 2023
The accompanying table records the 10 largest construction project starts in Can...
Economic

CMHC says annual pace of housing starts fell 10% in July
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing start...
Economic

Biden’s Inflation Reduction Act, one year on: ‘It’s restoring the American dream’
WASHINGTON - President Joe Biden rattled off an impressive list of economic wins...
Economic , Government , US News

Occidental signs deal to buy Carbon Engineering for US$1.1 billion
HOUSTON — Occidental Petroleum Corp. has signed a deal to buy Canadian company C...
Economic

Office vacancy rate could peak in 2024 as hybrid work models gain popularity: report
TORONTO — A new report by Colliers Canada predicts the national office vacancy r...
Economic

Canada’s inflation rate rose to 3.3% in July, StatCan reports
OTTAWA — Statistics Canada says the country's annual inflation rate rose to 3.3...
Economic

July home sales see largest annual rise in two years: CREA
OTTAWA — July home sales saw the largest year-over-year increase in more than tw...
Economic

Insurance Essentials: Managing liability risks for excavation contractors
There are always potential liability risks doing excavation work at ever...
Economic

Top 10 Major Upcoming Industrial and Water Treatment Construction Projects – Canada – August 2023
The accompanying tables show the top 10 major upcoming industrial and water trea...
Economic
Most Read News

$85.3M Grandview Kids HQ begins to take shape in Ajax
The new Grandview Kids headquarters project in Durham Region is progressing and...
Infrastructure

Gordie Howe International Bridge tower construction almost complete
DETROIT — Over the next four weeks there will be major changes on the constructi...
Infrastructure

SNC-Lavalin changing its name to AtkinsRealis in effort to shed parts of its past
MONTREAL - SNC-Lavalin says it is changing its name to AtkinsRealis in a rebrand...
Economic

UPDATE: Police locate driver and car involved in hit-and-run of road worker
TORONTO - A 24-year-old from North York is in custody after a road maintenance w...
OH&S

New $1.2B Thunder Bay correctional centre the first of its kind in Ontario
Construction crews are presently doing civil work and finishing a substructure t...
Infrastructure , Projects

Top 10 major upcoming Midwest and Northwest construction projects – U.S. – September 2023
The accompanying tables show the top 10 major upcoming Midwest and Northwest con...
Projects , US News

Graham outlines what goes into constructing U of T Lawson Centre for Sustainability
The Lawson Centre for Sustainability is a four-storey, hybrid mass timber and co...
Projects

Eliminating misconceptions, filling gaps focus of national mass timber research project
The goal of a new research program is to generate technical information that sup...
Resource

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