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First Notice: Gilgan honoured; Wajax acquisition; U.S. home sales

DCN-JOC News Services
First Notice: Gilgan honoured; Wajax acquisition; U.S. home sales


Gilgan promoted to officer within Order of Canada

Canada’s Governor General Julie Payette announced yesterday that Mattamy Homes founder and CEO Peter Gilgan has been promoted within the Order of Canada to the status of officer. Gilgan, of Toronto, was cited for his “exceptional commitment to health care, the well-being of children and community building, as one of Canada’s leading philanthropists.” Gilgan was one of 61 appointments announced. Mattamy recently announced its 100,000th newhome closing.  


Business as usualish in Ontario construction says WeirFoulds

Lexology today posted analysis from WeirFoulds LLP on how Ontario’s current pandemic lockdown affects construction. The blog is titled Business as Usual-ish: Construction Activities and a New Lockdown for Ontario. 


Wajax announces acquisition of Tundra

Mississauga-based Wajax Corporation yesterday announced that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of Calgary-based Tundra Process Solutions for total consideration of $99.1 million. Tundra provides maintenance and technical services to customers in the western Canadian midstream oil and gas, mining, forestry and municipal sectors. Wajax operates a distribution system providing sales, parts and services to customers in diverse sectors of the Canadian economy, including construction, forestry, mining and others.  


U.S. November new-home sales up over last year

The U.S.-based Madison’s Lumber Reporter reported yesterday that sales of new single-family houses in November 2020 in the U.S. were at a seasonally adjusted annual rate of 841,000, based on estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11 per cent below the revised October rate of 945,000 but is 21 per cent above the November 2019 estimate of 696,000.  


Carbonleo hosts Royalmount sessions

The developer Carbonleo is inviting the public to attend the next two sessions of its virtual information series for its Royalmount mixed-use project in Montreal. The sessions are Jan. 6 and 20.  

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