Economic
Forecast panellists optimistic about prospects for construction growth

Forecast panellists optimistic about prospects for construction growth
Panellists at a recent construction forecast event expressed both short-term and long-term optimism about the prospects for the Canadian economy, with near-term recession concerns circulating in some economic circles dismissed as “overblown.” Canadian Co...
Economic , Infrastructure

Era of Construction Bid Prices Chasing Material Cost Increases Nearing End
Graph 1 below shows the moderation in construction material costs that has been...
Economic

Positive absorption rates end after strong leasing year in Calgary
CALGARY, ALTA. — Positive absorption rates in Calgary have ended in Q4 2022, boo...
Economic

Alberta energy sector poised for strong year, Guthrie says
EDMONTON — Alberta’s Energy Minister Peter Guthrie is expecting a strong year fo...
Economic , Resource
Latest News

Forecast panellists optimistic about prospects for construction growth
Panellists at a recent construction forecast event expressed both short-term and...
Economic , Infrastructure

Era of Construction Bid Prices Chasing Material Cost Increases Nearing End
Graph 1 below shows the moderation in construction material costs that has been...
Economic

Positive absorption rates end after strong leasing year in Calgary
CALGARY, ALTA. — Positive absorption rates in Calgary have ended in Q4 2022, boo...
Economic

Alberta energy sector poised for strong year, Guthrie says
EDMONTON — Alberta’s Energy Minister Peter Guthrie is expecting a strong year fo...
Economic , Resource

Key-West Asphalt Products loses court appeal over asphalt plant operations
A B.C. Court of Appeal ruling has upheld a B.C. Supreme Court (BCSC) ruling allo...
Economic , Government

What is Driving Population Gains in Canada’s Major Cities?
Statistics Canada has just released population estimates for sub-provincial area...
Economic

Starboard making $500 million strategic investment in Ritchie Bros.
VANCOUVER - Ritchie Bros. Auctioneers Incorporated has entered a securities purc...
Economic

Employment gains reach 45-year high in Saskatchewan
REGINA — The Government of Saskatchewan is touting the second highest employment...
Economic , Labour

ICBA survey: 80 per cent of employers cannot find enough workers
The Independent Contractors and Businesses Association’s (ICBA) annual Wage and...
Associations , Economic , Labour

Ritchies Bros. tweaks offer for IAA to up cash component, but trim overall value
VANCOUVER - Ritchie Bros. Auctioneers Inc. is changing the terms of its proposal...
Economic

Ritchie List surpasses 75,000 active listings
VANCOUVER — Ritchie List has surpassed 75,000 active listings for equipment, veh...
Economic

Saskatchewan’s building construction valued at $433M in November
REGINA — Investment in building construction in Saskatchewan grew by 22.9 per ce...
Economic

Edmonton ranked best Canadian city for housing affordability: Benchmarking study
EDMONTON — The City of Edmonton has been ranked the best city in Canada for hous...
Economic

B.C. has plan to streamline housing permit approval process to get more homes built
VANCOUVER - The British Columbia government is creating a single hub for develop...
Economic , Government

Top 10 major upcoming library and museum construction projects – U.S. – January 2023
The accompanying tables show the top 10 major upcoming library and museum constr...
Economic , US News

B.C. hits record number of purpose-built rental home registrations
VICTORIA — British Columbia hit a record number of purpose-built rental home reg...
Economic

Hundreds of jobs affected as Canfor announces pulp line closure at B.C. mill
PRINCE GEORGE, B.C. - An estimated 300 jobs in British Columbia will likely be g...
Economic , Resource

Top 10 major upcoming Oil & Gas and Electric Power & Communications construction projects – Canada – January 2023
The accompanying tables show the top 10 major upcoming Oil & Gas and Electri...
Economic

Top 10 largest construction project starts in Canada and Trend Graph – November 2022
The accompanying table records the 10 largest construction project starts in Can...
Economic , Projects

Lafarge and TransAlta invest in low-carbon concrete
EDMONTON — Lafarge Canada and TransAlta Corporation are working together to prod...
Economic

West Fraser Timber to indefinitely curtail Florida sawmill
VANCOUVER - West Fraser Timber Co. Ltd. says it will indefinitely curtail its Pe...
Economic , Resource

Strong Immigration Belies Canada’s Hostile Economic Outlook
Following a gain of 285,000 individuals in the second quarter of 2022, Canada’s...
Economic

Insurance Essentials: How to know if you need installation floater insurance
Before tackling your next renovation or new build project, take the time...
Economic

December’s Jobs Reports, U.S. and Canada, Will Frustrate Central Bankers
Fighting through the headwinds of more restrictive interest rates, the U.S. econ...
Economic

CREC changes name to highlight asset diversity
VANCOUVER — CREC Commercial Fund LP has changed its name to reflect the inclusio...
Economic

Atco acquires Triple M Modular Housing, terms not immediately available
CALGARY, ALTA. - Atco Ltd. says it has acquired Triple M Modular Housing, a manu...
Economic

Premiers’ New Year’s messages talk economic improvement, health care, cost of living
VANCOUVER - Premiers across the country used their New Year's messages to emphas...
Economic , Government

U.S. Residential Building Permits Take a Nasty Turn
Given the increases in mortgage rates that have transpired, significant slides i...
Economic

Small business outlook for year improves slightly, still shows recession fears: CFIB
TORONTO - The Canadian Federation of Independent Business says the outlook among...
Economic

Statistics Canada says job vacancies down in October, lowest level since August 2021
OTTAWA — Statistics Canada says the number job vacancies fell by 4.8 per cent in...
Economic

Top issues making JOC headlines in 2022
Across the country, the issues impacting construction were, in many ways, intrin...
Economic , Government , Infrastructure , Labour

VIDEO: 2022 – The Year in Review
As another year draws to a close for the Canadian construction industry, some tr...
Associations , Economic , Government , Infrastructure , Labour , Projects , Resource
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Prince George files civil action against HDR over faulty steel beams
The City of Prince George has filed a civil claim in B.C. Supreme Court against...
Government , Projects

Modular construction just what the doctor ordered for health care
Like other sectors of the Canadian economy, the health care industry wants to sp...
Infrastructure , OH&S , Technology

PCL transforms Calgary office building into affordable housing
An old office building has created new housing for Calgarians in need with high-...
Projects

London, Ont. building collapse survivor dedicates career to changing site safety
It’s been a long and hard road for construction worker Jacob Hurl, who was trapp...
Labour , OH&S

Tallest building in Surrey history gets closer to final approval
SURREY, B.C. — What could be the tallest building in the City of Surrey’s histor...
Projects

Untrained disassembly and poor communication linked to fatal B.C. ammonia release
VANCOUVER - The independent body that oversees the safety of technical systems a...
OH&S

$80M hotel could be on the rise at entrance to Stampede Park
Plans are in the works for an $80-million, 220-room hotel to be built at the nor...
Projects

ACCIONA forecasts more collaborative models for building infrastructure in 2023
When it comes to the market outlook for 2023, the industry is going to see a con...
Infrastructure

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