Latest News
Latest News
‘Let’s horse trade’: How tariffs are impacting Canadian construction contracts
U.S. President Donald Trump’s on-again, off-again tariffs, and the cloud of unce...
Economic
U.S. Nonresidential Construction Starts Jump to Record $77.2 Billion in May
Key Points May 2025 Nonresidential US Construction Starts were $77.2 bill...
Economic
Removing GST and HST on all new housing would stir the market
Ontario builders appreciate that the federal government has taken steps to cut s...
Economic
Up to 4.8 million new homes needed over next decade to restore affordability: CMHC
OTTAWA — Canada Mortgage and Housing Corp. says up to 4.8 million new homes will...
Economic
Trade with China booming amid U.S. tariff war: Port of Montreal
MONTREAL — The Port of Montreal says trade with China is surging amid the U.S. t...
Economic
Construction sector ramping up tech investments to address labour gap: KPMG survey
TORONTO — A new survey says most Canadian construction companies are still copin...
Economic
Canada’s answer to perilous economic times is nation-building construction
Not surprisingly, due to the new stiff tariff penalties being imposed on most Ca...
Economic , Government , Infrastructure , Projects
Hydro One Limited announces new chair
TORONTO — Hydro One Limited has announced Melissa Sonberg has been appointed as...
Economic
Latest Middle East escalation adds pressure to steel and aluminum costs
In an escalation overnight, Israel launched a missile barrage against key Irania...
Economic
ArcelorMittal Long Products Canada closing wire drawing mill in Hamilton
HAMILTON, ONT. — ArcelorMittal Long Products Canada is closing its wire drawing...
Economic
Ottawa’s GST rebate on new homes would save typical first-time buyer $27K: PBO
OTTAWA — The parliamentary budget officer says an eligible first-time homebuyer...
Economic
Hamilton surpasses $1B in construction value at earliest-ever mark
Hitting the earliest benchmark ever, Hamilton has surpassed $1 billion in total...
Economic
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...