Economic
Heidelberg Materials North America acquires Calgary concrete recycling business

Heidelberg Materials North America acquires Calgary concrete recycling business
CALGARY, ALTA. — Heidelberg Materials North America has announced it has acquired certain assets of Concrete Crushers Inc. (CCI), the largest concrete recycler in Calgary, Alta. The transaction includes a recycled aggregates yard in southeast Calgary and...
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

Cenyard acquires two sites in Vancouver for $90M
VANCOUVER — Cenyard Properties, a local real estate investment, development and...
Economic

Alberta policies have dampened investor confidence in renewables: report
CALGARY, ALTA. — A report from clean energy think-tank Pembina Institute suggest...
Economic
Latest News

Heidelberg Materials North America acquires Calgary concrete recycling business
CALGARY, ALTA. — Heidelberg Materials North America has announced it has acquire...
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

Cenyard acquires two sites in Vancouver for $90M
VANCOUVER — Cenyard Properties, a local real estate investment, development and...
Economic

Alberta policies have dampened investor confidence in renewables: report
CALGARY, ALTA. — A report from clean energy think-tank Pembina Institute suggest...
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

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

In Vancouver ‘the boom bloom is off the real estate rose’
The Metro Vancouver residential market is in poor health and its prognosis is no...
Economic

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

Englobe acquires British Columbia-based Herold Engineering
MONTRÉAL — Englobe Corporation, an engineering and environmental services firm,...
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

Enbridge sells stake in Westcoast pipeline to B.C. First Nations group for $715M
CALGARY — For more than 65 years, Enbridge Inc.'s Westcoast pipeline has been pu...
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

Bob Fairbank new VP of Western Canada for Priestly Demolition
VANCOUVER — Priestly Demolition Inc. has announced Bob Fairbank is taking on the...
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

Municipalities’ Housing Accelerator Fund incentive puts dollars in developers’ pockets
As both large and smaller municipalities struggle with housing demands, several...
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

Power utility TransAlta expects Alberta data centre deal this year
CALGARY, ALTA. — Power producer TransAlta Corp. is hoping to sign agreements thi...
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

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

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

Metro Vancouver housing figures underscore massive gap in affordable units
VANCOUVER — The latest housing report from Metro Vancouver underscores the signi...
Economic

CFIB economic forecast predicts significant contraction in Q2
OTTAWA — A forecast from the Canadian Federation of Independent Business (CFIB)...
Economic
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New building to fight cancer could cost $1 billion, Manitoba premier says
WINNIPEG — The Manitoba government says construction on a long-promised centre f...
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B.C. announces new school seats in Surrey as part of expansion program
SURREY – The B.C. government has announced 295 new elementary school seats as pa...
Infrastructure

Amazon storage, distribution centre launches in Pitt Meadows
PITT MEADOWS, B.C. – Amazon has announced the launch of YXX1, the company’s firs...
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MHCA appeals to members, partners to donate to evacuees
WINNIPEG — The Manitoba Heavy Construction Association (MHCA) is asking members...
Associations

The construction engine behind U.S. city personalities
Geographers, topographers, demographers, and owners of pro-league sports teams k...
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Skills Canada national competition hands out over 250 medals
REGINA — More than 500 students and apprentices from across the country competed...
Labour

Resident of village threatened by fire posts video of raindrops: ‘It was amazing’
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14 crew members, four additional staff evacuated after hiding from wildfires in jobsite sea can
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OH&S

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