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‘Perfect storm’ of work for Vancouver Island industry

‘Perfect storm’ of work for Vancouver Island industry

Business is booming on Vancouver Island. Data from the Vancouver Island Construction Association (VICA) shows increasing residential activity and a surge in commercial permits. "Building permits were higher in four regional districts, led by the Capital Regional District with a 64 per cent jump over the first quarter…

News

Green sector to employ millions of builders by 2050: report

Green sector to employ millions of builders by 2050: report

The transition to a zero carbon economy will generate millions of jobs in the building sector in the next 30 years, suggests a recent report commissioned by Canada’s Building Trades Unions (CBTU). The key to job creation in the sector leading up to 2050, when many of Canada's stakeholders are aiming for zero-carbon…

News

Our future prosperity depends on more automation, not less

It seems that almost every announcement of a major technological innovation that involves the automation of a production process is accompanied by a chorus of voices from those who fear that thousands of workers will be replaced by “robots” that can operate 24-7 and don’t need coffee breaks. The spectre of this…

News

How best to determine which infrastructure projects should get built?

How best to determine which infrastructure projects should get built?

Canada has an infrastructure deficit to the tune of $123 billion. That's according to Shovel Worthy? — Doing Infrastructure Smarter, a draft project plan that was published recently by Canada's Public Policy Forum. Roads, sewers, pipelines, power grids and waste management systems all require expensive upgrades sim…

News

Ontario growth ahead of Canada, G7 countries

Ontario growth ahead of Canada, G7 countries

TORONTO—First quarter results for 2016 show the Ontario economy growing at an annualized rate of three per cent, the highest in Canada and all G7 countries. Premier Kathleen Wynne said Ontario's real gross domestic product grew 0.8 per cent in January to March, following similar growth in the fourth quarter of 2015. "I…

News

Construction to accelerate business, economic recovery in Fort McMurray

The Regional Municipality of Wood Buffalo (RMWB) council has voted in favour of adopting a plan to accelerate business and economic recovery by enabling small and medium construction firms to remain in the region. "We met with council yesterday (May 25) and they had a presentation from all of the stakeholders," said Charl…

Chart of the Moment

Canadians prefer multiple units as more Americans seek single homes

Canadians prefer multiple units as more Americans seek single homes

This Economy at a Glance (EAAG) will look at home starts in major U.S. and Canadian cities, according to ‘totals’ (Part 1), plus single-family (Part 2) and multi-family (Part 3) markets. Part 1 The accompanying tables rank the dozen American and half-dozen Canadian cities by actual start levels in 2015 and year-over-…

News

More regulations recommended to address $4.5B underground economy

More regulations recommended to address $4.5B underground economy

Joe Vaccaro, chief executive officer of the Ontario Home Builders' Association (OHBA), puts his views on the underground economy bluntly: Consumers take part in under-the-table transactions because they want a discount, plain and simple. “They're looking to save the tax. It's a combination of a willing person and a will…

Chart of the Moment

HVAC at forefront of global sustainability targets

HVAC at forefront of global sustainability targets

The HVAC sector in the United States has been continuing to benefit from construction’s cyclical advance. U.S. HVAC Sector The latest data point from the Census Bureau on sales/shipments, new orders and unfilled orders is October 2015. At $47 billion USD annualized in October 2015, U.S. HVAC sales were up 2.0% versus …

News

Canadian tech needs to up the ante: expert

Financial analyst Lou Schizas talked about technology during the 30th Annual CanaData Construction Industry Forecast Conference.

Canada is the short stack in the technology poker game.“We have to accept that and we need to figure out a way out of that problem,” said financial analyst, educator and broadcaster Lou Schizas during his address on technology at the 30th Annual CanaData Construction Industry Forecast Conference.“We need to realize …

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