Economic

Ontario NDP plan to run deficits for six years, cancel gas tax cut

TORONTO — Ontario's New Democrats are pledging to run larger deficits than the P...

Economic , Government May 16, 2022

Altus Group acquires Rethink Solutions

TORONTO — Toronto-based Altus Group recently announced it has acquired Rethink S...

Economic May 16, 2022

Quebec va bien pour l’instant / Quebec’s doing well so far

Against a background of darkening prospects for Canada and the global economy, Q...

Economic May 13, 2022

Your top DCN headlines: May 9 to 13

Your top DCN headlines this week cover news COR certification is paying dividend...

Economic , Labour , OH&S May 13, 2022

WSP Global beats earnings expectations as it locks down large projects

MONTREAL—WSP Global Inc. boosted profits and revenue last quarter, beating expec...

Economic May 13, 2022

Global upheaval prompts revamp of 2022 U.S. construction forecasts

The construction sector in the United States has had a good first quarter but co...

Economic , US News May 11, 2022

ULI real estate forecast predicts full U.S. recovery by end of 2022

SAN DIEGO—The Urban Land Institute’s (ULI) latest Real Estate Economic Forecast...

Economic , US News May 11, 2022

New Canadian-designed office pod targets Zoom users

A Canadian firm that specializes in architecturally customizable workspaces will...

Economic May 11, 2022

RioCan REIT sees demand for retail space soar as it reports first quarter profit

TORONTO - RioCan Real Estate Investment Trust is seeing strong demand for retail...

Economic , Projects May 11, 2022

SNC-Lavalin to pay $30M over Quebec bridge bribes

MONTREAL — SNC-Lavalin Inc. says it will pay Quebec nearly $30 million over thre...

Economic , Government May 10, 2022

Anxiety Spells afflict Stock Markets in April

April was not a good period for stock markets. In North America, on a month-to-m...

Economic May 9, 2022

April Jobless rate drops to another new low as economy adds 1,000 jobs in April

OTTAWA — Statistics Canada says the jobless rate fell in April to another record...

Economic May 9, 2022

Canadian pension fund investment grows in Texas with Austin’s Symphony Square

Ivanhoe Cambridge, a global real estate subsidiary of public pension fund manage...

Economic , US News May 9, 2022

SNC-Lavalin reports Q1 profit down from year ago, revenue edges higher

MONTREAL — SNC-Lavalin Group Inc. reported its first-quarter profit fell compare...

Economic May 9, 2022

Insurance Essentials: Does your policy reflect the rising costs of building materials and expenses?

Inflation is forcing builders and contractors to re-evaluate their budgets to ac...

Economic May 9, 2022

Despite Setbacks Elsewhere in Economy, U.S. Rings Bell on Jobs Creation in April

Turmoil in the stock markets, an inflation rate that won’t quit and interest rat...

Economic May 6, 2022

Deciphering the Meaning of March’s U.S. Construction Put-in-place Stats

Table 1 is a one-place depiction of the key percentage-change metrics for the 20...

Economic May 5, 2022

SNC-Lavalin secures further U.K. Network Rail work

MONTREAL - Quebec-based SNC-Lavalin has announced it’s been awarded a £23 millio...

Economic , Infrastructure , Technology May 5, 2022

Construction Material Costs – Spikes Everywhere

The breakouts in U.S. construction material input costs showed few signs of abat...

Economic May 3, 2022

JLL charts strong Toronto industrial market

TORONTO — Real estate consultant JLL projects that Toronto industrial constructi...

Economic May 3, 2022

BoC’s Slow-Release Anti-Inflation Medicine Will Cool Housing

Existing home sales took a bit of a breather in March. After hitting a post-Omic...

Economic May 2, 2022

Top 10 major upcoming Residential and Transportation Terminal construction projects – U.S. – April 2021

The accompanying tables show the top 10 largest upcoming Residential and Transpo...

Economic May 2, 2022

Economy grew 1.1% in February, best month since March 2021: Statistics Canada

OTTAWA — Statistics Canada says real gross domestic product rose 1.1 per cent in...

Economic May 2, 2022

Apartment, row house growth outpaces single detached homes: census

TORONTO — Single-detached houses are still the most plentiful type of housing in...

Economic May 2, 2022

Top 10 major upcoming High-Rise Residential and Transportation construction projects – Canada – April 2022

The accompanying tables show the top 10 largest upcoming High-Rise Residential a...

Economic April 29, 2022

ConstructConnect named Alliance Partner of the Year by Deltek

HERNDON, VA — ConstructConnect, owner of the Daily Commercial News, has been nam...

Economic April 29, 2022

Bryden Wood opens Boston headquarters

BOSTON – Global design and industrialized construction company Bryden Wood is ex...

Economic , US News April 29, 2022

Steady sales for GTA new home market in March

TORONTO—GTA new home sales saw a change of pace from the past few months in Marc...

Economic , Projects April 29, 2022

VIDEO: Canada’s impending labour crunch

Canada’s construction industry is currently seeing solid growth, with BuildForce...

Economic , Government , Labour April 29, 2022

Ontario budget boosts capital spending, supports roads, skilled trades

Ontario Minister of Finance Peter Bethlenfalvy has tabled a budget that includes...

Economic , Government , Infrastructure , Labour April 28, 2022

Cost-Push, Demand-Pull, Easy-Money, Fiscal-Excess Inflation

U.S. current (March) inflation of +8.5% year over year for the All-items Consume...

Economic April 28, 2022

Top 10 largest construction project starts in Canada and Trend Graph – March 2022

There are several reasons for highlighting upcoming large projects. Such jobs ha...

Economic April 28, 2022

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