Economic Archives - constructconnect.com

B.C. invests $33 million into northern rural infrastructure

Daily Commercial News — Fri, 17 May 2024 11:10:22 +0000

VICTORIA – The Province of British Columbia is providing funding to First Nations, local governments, not-for-profits and manufacturing businesses to strengthen northern B.C. infrastructure. The province is contributing as much as $33 million across rural areas of the province for the second intake of the Rural Economic Diversification and Infrastructure Program (REDIP), a release said. […]

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The stock of housing is falling exactly when we need it to rise

Sharon Gough — Fri, 17 May 2024 08:30:24 +0000

Various levels of government have pledged to tackle the housing supply and affordability crisis, but so far there are no signs of it abating. In fact, the situation now appears more dire than ever. CMHC reported national starts are expected to decline 1.6 per cent over the next six months. In March, construction intentions in […]

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EllisDon launches new tech brand, Building Digital

Daily Commercial News — Fri, 17 May 2024 08:05:15 +0000

Ontario-based EllisDon has announced it has launched a new sub-brand, Building Digital, that will offer technology consulting services and products to the construction sector. The kickoff was April 25. Daniel Meissner, EllisDon’s director of growth and strategic partnerships for digital and data engineering, said Building Digital will start by offering clients services in four areas: […]

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Your top DCN headlines: May 13 to 17

Daily Commercial News — Fri, 17 May 2024 07:55:02 +0000

Your top DCN headlines this week feature news construction can carry on for a massive CN rail hub, according to a judge’s ruling; demolition work is starting for the second phase of Scotiabank Arena renovations; causeway chaos continues in Kingston with the closure of the LaSalle Causeway; and the federal government is acquiring the Quebec […]

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Hotson merges with SvN Architects

Daily Commercial News — Thu, 16 May 2024 12:47:30 +0000

TORONTO — SvN Architects + Planners of Toronto has announced it has merged with Vancouver-based Hotson Architecture. In a statement SvN said the move gives it an expanded presence in Vancouver, and also expands SvN’s leadership team, with the appointment of Kai Hotson as the firm’s newest partner. Over the last year, SvN has hired […]

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WSP joins First Nations Major Projects Coalition’s Sustaining Partners Program

Daily Commercial News — Thu, 16 May 2024 10:05:49 +0000

MONTREAL — Engineering and professional services firm WSP is the newest member of the First Nations Major Projects Coalition’s (FNMPC) Sustaining Partner program in Canada. The program furthers FNMPC’s ability to advance relationships between its members and the private sector on issues of mutual interest, indicates a release. WSP, along with existing program members, benefit […]

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Affordable Housing Summit to address challenges and solutions

Daily Commercial News — Tue, 14 May 2024 10:05:13 +0000

TORONTO — An Affordable Housing Summit, Supply Chain Expo and Skilled Trades Career Fair being held this month will focus on demystifying Canada’s housing challenges while formulating innovative solutions. It will be held in collaboration with the University of Toronto from May 24 to 26 at the University of Toronto Scarborough Campus at 1265 Military Trail. Organizers are […]

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Pembina Pipeline says potential Trans Mountain purchase not a priority

Journal of Commerce — Mon, 13 May 2024 13:00:04 +0000

CALGARY, ALTA. – Exploring a potential purchase of the Trans Mountain oil pipeline is not a major priority right now for Pembina Pipeline Corp., the Calgary-based company said. On a conference call with analysts to discuss first-quarter financial results, Pembina’s chief financial officer Cameron Goldade acknowledged the recent completion of the $34 billion Trans Mountain […]

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Five-day Edmonton auction sets Canadian record

Daily Commercial News — Mon, 13 May 2024 11:20:55 +0000

EDMONTON — RB Global has announced that Ritchie Bros. Auctioneers sold 14,500 equipment items, trucks and vehicles at its Canada auction event in Edmonton recently. The five-day auction generated nearly $250 million in gross transaction value, a new Canadian record, stated a release. The April 29 to May 3 online and onsite auction attracted more […]

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WSP Global’s acquisition hunt isn’t over after ‘consolidation’ phase: CEO

Daily Commercial News — Mon, 13 May 2024 10:15:31 +0000

OTTAWA — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year. Since mid-March, the engineering firm has bought four consulting outfits in four countries — Canada, Finland, Spain and the United States — adding more than 800 employees to its […]

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Top 10 major upcoming Atlantic and Manitoba, Saskatchewan construction projects – Canada – May 2024

Daily Commercial News — Fri, 10 May 2024 16:40:49 +0000

The accompanying tables show the top 10 largest upcoming Atlantic and Manitoba, Saskatchewan construction projects in Canada. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations. Shopping centers, hotels, office buildings, medical buildings, educational buildings, government buildings, industrial projects, oil and gas projects, and electric […]

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Top 10 major upcoming Courthouse, Jail and Prison construction projects – U.S. – May 2024

Daily Commercial News — Fri, 10 May 2024 16:27:44 +0000

The accompanying tables show the top 10 major upcoming Courthouse and Jail and Prison construction projects in the United States. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations. Shopping centers, hotels, office buildings, medical buildings, educational buildings, libraries and museums, sports and entertainment complexes, […]

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