Latest News
Latest News
Canada’s April Jobs Report Reinforces the Prospect of a Waiting Game
Similar to what has been occurring in the United States, labour market condition...
Economic
Construction economists forecast ‘soft spots,’ ‘slowdowns’ amidst continuing restraints
There’s a new set of headwinds buffeting the U.S. construction sector in 2023 bu...
Economic , US News
New Suncor CEO Kruger focused on cost cutting, will ‘play to win’
CALGARY, ALTA. - The new top boss at Suncor Energy Inc. says he will be sharply...
Economic , Resource
Portion of Coastal GasLink construction paused over erosion, sediment control issues
CALGARY, ALTA. - TC Energy Corp. says it has proactively halted construction on...
Economic , Government , Resource
Canfor reports $142M Q1 loss compared with a profit a year ago
VANCOUVER — Canfor Corp. reported a loss in its first-quarter compared with a pr...
Economic , Resource
Top 10 largest construction project starts in Canada and Trend Graph – March 2023
There are several reasons for highlighting upcoming large projects. Such jobs ha...
Economic
An Inconsistent Narrative on the U.S. Labor Market in April’s Jobs Report
Once again, there was no dramatically negative change in the U.S. labor market s...
Economic
Ritchie Bros. Edmonton auction generates $225 million in transaction value
EDMONTON — Richie Bros. recent Edmonton auction saw more than 12,000 items sold...
Economic
What’s That You Say? There’s a Bull Stock Market Underway!
What’s that you say? There’s a ‘bull’ stock market underway! Yes, indeed, and it...
Economic
BuildForce paints ‘hopeful picture’ for B.C. construction: Stakeholders
Industry leaders say BuildForce Canada’s report on construction and labour in Br...
Associations , Economic , Labour
ESG compliance liability risk is coming to construction industry directors
Although some may feel ESGs are a symptom of increased “woke capitalism” in toda...
Economic , Resource
B.C. commits $2.95 million to help mill tradespeople start and grow businesses
VICTORIA — The Government of British Columbia is investing $2.95 million in a pr...
Economic , Government
Surety Corner: Some pessimistic souls are predicting doomsday scenarios
Over the past decade, the surety industry has performed exceptionally well, with...
Economic
Megas Not a One Trick Pony
Much of my work-related conversation over the past year-plus has concerned the p...
Economic
High Office Vacancy Rates Dim Office Construction Outlook
Driven by a 600,000 square foot increase in new office space, a 4.0 million squa...
Economic
Pipeline company TC Energy reports first quarter profit up from year ago
Pipeline company TC Energy reports first quarter profit up from year ago CALGAR...
Economic , Resource
BuildForce forecasts two-year stall then sustained growth for Canada
Canada’s construction sector is poised for a pause in 2023 and 2024, new statist...
Economic , Labour
B.C. residential sector poised to drive growth to 2032: BuildForce
DELTA, B.C. — A new report from BuildForce Canada forecasts construction demands...
Economic , Labour
Mass timber manufacturer Structurlam to sell assets for $60 million
PENTICTON, B.C. – Stucturlam Mass Timber Corporation is selling off its assets i...
Economic
Top 10 major upcoming Residential and Transportation Terminal construction projects – U.S. – April 2023
The accompanying tables show the top 10 largest upcoming Residential and Transpo...
Economic
Alberta’s construction sector poised for near-term peak
EDMONTON — The forecast for Alberta’s construction sector is split over the next...
Economic , Labour
Top 10 major upcoming High-Rise Residential and Transportation construction projects – Canada – April 2023
The accompanying tables show the top 10 largest upcoming High-Rise Residential a...
Economic
How recent bank failures will harm construction and what to do about it
The March 10, 2023, collapse of Silicon Valley Bank, followed days later bythe f...
Economic
ConstructConnect’s Project Stress Index
ConstructConnect's Project Stress Index is a new resource which tracks changes i...
Economic
BuildForce predicts prolonged construction growth in Manitoba, Saskatchewan
OTTAWA — BuildForce Canada expects Manitoba’s ICI sector to experience moderate...
Economic
Housing starts up 53 per cent since last year in Saskatchewan
REGINA — Housing is booming in Saskatchewan. The province is seeing the largest...
Economic
ICI spending to peak in Quebec in 2023
MONTREAL — BuildForce’s 2023-2032 Construction and Maintenance Looking Forward r...
Economic , Labour
Ontario ICI sector will grow to peak in 2028: BuildForce
OTTAWA — BuildForce Canada forecasts Ontario’s ICI construction sector will cont...
Economic , Labour
Pressure’s on for Atlantic construction recruiters: BuildForce
OTTAWA — All four Atlantic provinces will experience periods of sustained growth...
Economic
JLL outlook outlines if the construction sector is on the road to normalcy
In its first combined United States/Canada construction outlook report, global r...
Economic
Your top JOC headlines: April 17 to 21
Your top JOC headlines this week feature news contractors are facing increasing...
Associations , Economic , Government , Infrastructure
The sale of Teck to a foreign buyer would be a loss for Canada, critics say
CALGARY — The hostile takeover of Canada's largest diversified mining company by...