Edition:

Chart of the Moment

Shop and stay — Top 20 major hotel, shopping centre projects in Canada

Shop and stay — Top 20 major hotel, shopping centre projects in Canada

The accompanying table shows 20 of the largest upcoming Hotel/Motel and Shopping Centre 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, g…

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-…

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 …

Chart of the Moment

Stronger U.S. growth should help drive Ontario faster in 2016 and 2017

Stronger U.S. growth should help drive Ontario faster in 2016 and 2017

Following a weak start, Ontario’s economic engine picked up speed heading into the second half of 2015. This improvement in demand was driven mainly by an acceleration in exports fuelled to a large extent by a mid-year strengthening of economic activity in the U.S., the market for 82% of the province’s exports,and al…

Chart of the Moment

Canada’s economy appears to be cooling despite above normal temperatures

Canada’s economy appears to be cooling despite above normal temperatures

Crossing the threshold into 2016, the best way to describe the mood of Canadian consumers seems to be “deteriorating”. This observation is based on two recent measures of consumer confidence that are sending quite different signals. First, following a gain of 6.3% in October, the Conference Board of Canada’s Index …

Chart of the Moment

Don’t expect new mortgage lending rules to cool housing market soon

Don’t expect new mortgage lending rules to cool housing market soon

Given recent comments by CMHC, the OECD, the Bank of Canada and several others that house prices in Canada are overvalued by 10% to 30%, plus the fact that the ratio of household-debt to income is near a record high,it is not surprising that recently appointed Minister of Finance Bill Morneau announced yet another tighteni…

Chart of the Moment

November Jobs Report a Sugar Cane Treat in U.S.; A Lump of Coal in Canada

November Jobs Report a Sugar Cane Treat in U.S.; A Lump of Coal in Canada

The Bureau of Labor Statistics (BLS), acting as Santa Claus,delivered a delightful gift basket of treats in its last Employment Situation Report before the seasonal holidays. Total U.S. employment in November rose by a solidly hefty 211,000 jobs, which was almost exactly the same as the 210,000 average during the previous t…

Chart of the Moment

Canada: waylaid by oil’s price drop; anticipating cheerier prospects

Canada: waylaid by oil’s price drop; anticipating cheerier prospects

After recording ‘real’ (i.e. inflation-adjusted) gross domestic product (GDP) growth of 2.4% in 2014 and 2.0% on average in the other four years since the 2008-09 Great Recession, Canada’s economy slipped ever so gently into reverse during the first half of 2015.Q1 2015's GDP change was -0.8% (quarter to quarter annua…

Chart of the Moment

Heading into 2016, Hamilton’s economy seems to be picking up speed

Heading into 2016, Hamilton’s economy seems to be picking up speed

After a slow, cold-weather depressed start, the pace of economic activity in Hamilton appears to have improved significantly over the course of 2015. This observation is based on the fact that over the past nine months, employment in the “ambitious city” has increased by 14,600 compared to a gain of 10,600 during the …

Chart of the Moment

Weak energy prices dim Newfoundland and Labrador’s near term outlook

Weak energy prices dim Newfoundland and Labrador’s near term outlook

Probably the best way to describe the Newfoundland and Labrador economy, as it approaches 2016, is “under a lot of stress” from three key sectors. First, the sharp 58% drop in oil prices over the past two years, together with maintenance-related production cuts, has severely curtailed revenues from resources.Indeed, t…

The Morning Blueprint
is a site and
value-packed newsletter.
by ConstructConnect®.
Sign up and get stories, trends and new
project info that will give you a leg up.
Tell us what you think of
The Morning Blueprint