Economic
Bank of Canada holds key rate at 2.75% as tariff uncertainty persists

Bank of Canada holds key rate at 2.75% as tariff uncertainty persists
OTTAWA — The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs will impact the economy. “Uncertainty remains high,” Bank of Canada governor Tiff Macklem said in...
Economic

Building better, together: Corebuild and The Powell Group Join Forces
Every project that Corebuild Construction takes on is grounded in the belief tha...
Economic

Timely construction marketplace stats and some things to think about
There are some known negative forces currently at play in the U.S. construction ...
Economic

Canada needs to boost productivity and housing affordability: OECD report
OTTAWA — A new report by the OECD says Canada needs to boost productivity and ho...
Economic
Latest News

Bank of Canada holds key rate at 2.75% as tariff uncertainty persists
OTTAWA — The Bank of Canada held its benchmark interest rate steady at 2.75 per...
Economic

Building better, together: Corebuild and The Powell Group Join Forces
Every project that Corebuild Construction takes on is grounded in the belief tha...
Economic

Timely construction marketplace stats and some things to think about
There are some known negative forces currently at play in the U.S. construction ...
Economic

Canada needs to boost productivity and housing affordability: OECD report
OTTAWA — A new report by the OECD says Canada needs to boost productivity and ho...
Economic

Prime Minister Carney ‘welcomes’ U.S. court ruling striking down tariffs
OTTAWA - Prime Minister Mark Carney says he welcomes the decision by the U.S. Co...
Economic , Government

Reducing internal trade barriers tops priorities for businesses: KPMG poll
TORONTO — A new report says nearly two-thirds Canadian businesses want the gover...
Economic

Diverso Energy, Mattamy Homes announce joint venture for geothermal homebuilding
TORONTO — Diverso Energy, a geothermal Energy-as-a-Service (EaaS) provider, and...
Economic

CPP Investments sees opportunity in Carney’s call for nation-building projects
OTTAWA — The head of the Canada Pension Plan Investment Board sees opportunities...
Economic

Bird announces $525M in new contract awards across Canada
MISSISSAUGA, ONT. — Bird Construction Inc. has been awarded three projects with...
Economic

TBT Engineering Limited expands across Ontario
THUNDER BAY, ONT. — TBT Engineering Limited (TBTE), a multi-disciplinary enginee...
Economic

Top finance officials from G7 countries gather in Banff for three-day summit
BANFF, ALTA. — High-ranking officials from the world's top economies are in Banf...
Economic

Nuclear deals power 52% profit surge at AtkinsRéalis, prompt brighter forecast
MONTREAL — Nuclear projects fuelled a big surge in revenue at AtkinsRéalis Group...
Economic

The more things change portion of the construction marketplace
“The more things change, the more they stay the same.” You’ve heard that saying...
Economic

Home sales down almost 10% annually last month: Canadian Real Estate Association
OTTAWA — The Canadian Real Estate Association says home sales in April fell 9.8...
Economic

FIFA gets formal complaint of human rights oversight failure with 2034 World Cup host Saudi Arabia
GENEVA — A group of international lawyers filed a formal complaint to FIFA rece...
Economic

M&A may have to wait amid trade war, but WSP Global CEO sanguine as profits rise
MONTREAL — WSP Global Inc. remains largely insulated from tariff fallout and cos...
Economic

CEOs call on Carney to ‘take action’ to support domestic energy sector
OTTAWA — Canada’s energy CEOs are calling on Prime Minister Mark Carney to scrap...
Economic

Tariffs, immigration crackdown threaten U.S. construction: ConstructConnect economic webcast
Construction economists assembled for a recent spring economic forecast outlined...
Economic

A commercial real estate perspective on the Canadian election’s outcome
Canadians just elected Prime Minister Mark Carney and the Liberal Party of Canad...
Economic

Toronto-area home sales fall in April as buyers wait out trade uncertainty: board
TORONTO — Home sales in the Greater Toronto Area were down 23.3 per cent in Apri...
Economic

Trump agrees to cut tariffs on UK autos, steel and aluminum in a planned trade deal with Britain
WASHINGTON — President Donald Trump has agreed to cut tariffs on U.K. autos, ste...
Economic

Advancing mass timber: Risk mitigation and insurance strategies for a thriving sector
The Canadian mass timber industry has been making great strides forward, but it...
Economic

What Mark Carney’s election win means for Canada’s construction industry
Article submitted by the CIOB As the world’s largest professional body...
Economic

Sponsored Content: Peakhill Capital launches Peakhill Project Advisory
TORONTO — Peakhill Capital is pleased to announce the launch of Peakhill Project...
Economic

TC Energy expanding U.S. gas network for Midwest data centres
CALGARY — TC Energy Corp. has green-lit a US$900-million pipeline expansion feed...
Economic

Passive House Canada announces CEO transition
TORONTO — Effective May 9, current Passive House Canada (PHC) CEO Chris Ballard...
Economic

Capital Power focused on closing $3-billion U.S. power plant deal
OHIO — The chief executive of Capital Power Corp. said a key focus in the months...
Economic

Algoma Steel reports loss as tariffs, pricing weigh on results
SAULT STE. MARIE, ONT. — Algoma Steel Group Inc. says Canada’s steel market is u...
Economic

Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1
OTTAWA — Statistics Canada says the Canadian economy contracted in February but...
Economic

Tariff shocks to jobs, economy growing as boost from preparation fades: Deloitte
TORONTO — Deloitte's latest economic outlook sees the pain of tariffs gathering...
Economic

CFIB to work with new government and opposition in dealing with tariff battle
OTTAWA — The Canadian Federation of Independent Business (CFIB) says it looks fo...
Economic

BILD reports ‘extremely low’ new home sales for March
TORONTO — The Building Industry and Land Development Association (BILD) is repor...
Economic
Most Read News

Liberals table bill to speed up approvals for major ‘national interest’ projects
OTTAWA - Prime Minister Mark Carney’s government introduced legislation Friday w...
Government , Infrastructure , Projects

Ontario to make Ring of Fire a special economic zone ‘as quickly as possible’: Ford
TORONTO - Ontario intends to designate the mineral-rich Ring of Fire as a so-cal...
Government , Infrastructure , Projects

Major 500-unit New York City housing project to be constructed using mass timber
Mass timber is taking a big step in New York City with the recent announcement o...
US News

Infrastructure Bank CEO says it’s ready to play a role in national-interest projects
CALGARY — The chief executive of the Canada Infrastructure Bank says the Crown c...
Government

Amazon planning $10B investment in North Carolina for data center and AI campus
HAMLET, N.C. — Amazon plans to invest $10 billion toward building a campus in No...
US News

MZOs: Better to focus on approvals modernization
This is the final instalment of a two-part Industry Perspectives Op-Ed b...
Government

EllisDon unveils trans guide, readies for Pride Month
Pride Month will be felt more viscerally by some in the Canadian construction se...
Labour

A crane collapses kills 2 at a Florida construction site, officials say
MERRITT ISLAND, FLA. — Two people died Wednesday after a giant crane collapsed a...
US News

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