Pipeline Politics to Cost Canadian Economy $10.7B in 2018
Delayed oil pipeline construction is causing a steep discount for Canadian crude prices that is costing the economy roughly $15.6 billion a year, according to Scotiabank.
Canada Home Sales Down 14.5%
A flood of buyers and sellers looking to close deals late last year ahead of looming tighter mortgage rules resulted in a 14.5 per cent "payback"...
Canada Braces for Mass Construction Skills Shortage
Over 250,000 construction workers are expected to retire this decade.
Canada ranks second in global LEED rankings
The Canada Green Building Council (CaGBC) announced that Canada has maintained its second-place position in the U.S. Green Building Council’s (USGBC’s) ranking of the world’s top...
Canadian Arm of U.K. Carillion Files for Creditor Protection
Carillion Canada has been granted protection from creditors by the Ontario Superior Court under the Companies' Creditors Arrangement Act.
Sask. Residential Construction Trails National Average
A new report by Statistics Canada suggests residential construction numbers in Saskatchewan are lagging behind the rest of the country.
Canadian Architecture Needs a National Policy
An architecture policy sets an aspirational goal for what we value about the built environment, and helps create a framework for that contribution to culture. The...
SNC-Lavalin Tops Profit Estimates, Forecasts Strong 2018 Earnings
Canadian construction and engineering group SNC-Lavalin reported better-than-expected earnings for the final quarter of 2017, benefiting from its purchase of Britain's WS Atkins and helping it...
Report Forecasts Decline in Nonresidential Building
According to the Spring 2018 Forecast Quarterly Report, nonresidential building starts in the United States will drop by 1.6 percent in 2018. However, the decline can...
Choice Properties REIT Buying CREIT in $3.9-billion Deal
The Weston family is poised to create Canada's largest real estate investment trust through a $3.9-billion deal for its publicly traded Choice Properties REIT (CHP_u.TO) to...
The RAIC Announces Recipients of 2018 Honorary Fellowships
French architect Odile Decq, Burkina Faso’s Diébédo Francis Kéré, and American architects John Sorrenti and William J. Stanley III are the proud recipients of 2018 Honorary...
Fairfax Holdings to Acquire Major Parts of Carillion Canada
Toronto-based Fairfax Financial Holdings Limited and Carillion Canada Holdings Incorporated announced Feb. 5 they have entered into an agreement for Fairfax to acquire the services division...
CCA Mobilizes Members to Oppose Government-owned Enterprises
The Canadian Construction Association (CCA) announced in an email to its board members, partner associations and corporate members that it has advised the government of Canada...
Construction Employment in New Brunswick to Hold Steady
In a shift away from major industrial and engineering construction projects, more traditional core infrastructure construction and maintenance activities will be the primary employment drivers in...
Fed's seek Input for Prompt Payment Legislation
The federal government has called for industry input and recommendations on proposed prompt payment legislation.
Further Job Losses Expected Across Alberta’s Construction Industry
As major projects wind down and the impact of lower oil prices persist, Alberta’s construction industry will shrink by up to 5,200 jobs through to 2019....