Construction
Construction Business
Building a sustainable future for Canada
Canada has set a bold goal of reaching net zero emissions by 2050 but are we on track to meet these goals.
Canadian Facility Management & Design
Ontario explores building official mobility
Ontario is considering opening up building official functions to professionals who have been trained and certified in other jurisdictions.
Canadian Apartment Magazine
GWLRA set to bring more housing to Central Lonsdale
Following the successful completion of “The Bowline”, GWL Realty Advisors (GWLRA) has begun construction on a new property in the Central Lonsdale area of North Vancouver.
Canadian Property Management
New supply pads office and industrial inventory
More than 5.7 million square feet of office space and nearly 21 million square feet of industrial space have been newly delivered to the national market during the the first three quarters of 2024.
Construction Business
TSX commends Bird Construction performance
Bird Construction is ranked seventh on the 2024 TSX 30, recognizing the Toronto Stock Exchange’s top 30 performers based on dividend-adjusted share price over a three-year period.
CondoBusiness
Consultation eyes innovative housing production
The Canadian government is looking for input on how to scale up the pace and quantity of new housing production via innovative technologies and assembly practices,.
Canadian Property Management
Salvaged steel fit to fortify decarbonization
The cost case for salvaged steel looks promising even with an embryonic supply chain and a raft of logistical complexities to recover and then reuse structural members in new construction projects.
Canadian Apartment Magazine
Alberta housing starts on pace to set record
Canada’s housing starts were up 10 per cent in May, according to new data from CMHC, with Alberta on pace for a record-setting year.
Canadian Property Management
Data management capabilities get tax perk
The 2024 federal budget introduces temporary accelerated depreciation of specified "innovation-enabling and productivity-enhancing" assets and new purpose-built rental housing.
Canadian Facility Management & Design
New heights for Ontario mass timber construction
A promised amendment to Ontario's building code will allow for mass timber buildings of up to 18 storeys, an increase above the current 12-storey threshold..
Canadian Apartment Magazine
Manitoba restores tax credit, hints new incentive
The 2024 Manitoba budget restores the rental housing construction tax credit and hints at a "time-limited" incentive for commercial-to-residential conversions.
Canadian Apartment Magazine
Potential property tax relief looks uneven
A potential incentive for new purpose-built rental housing in Ontario comes with adverse implications for existing multifamily properties, thanks to the mathematics of property tax allocation.
Construction Business
Competition Bureau orders Quebec divestiture
Quebec-based concrete supplier, Béton Provincial, will have to divest a ready-mix concrete plant that is part of its pending acquisition of a rival’s Quebec operations.
Canadian Property Management
B.C. budget promises cost relief measures
B.C.'s 2024 budget introduces a 12-month electricity rebate, estimated at 4.6 per cent of annual consumption costs, and a six-year pause on property transfer tax for new purpose-built rental housing, beginning in 2025.
CondoBusiness
Construction cost escalators still in play
Construction costs are generally highest in Vancouver across all multifamily categories, including low-, mid- and high-rise concrete buildings and low-rise wood-frame apartments up to six storeys.
Construction Business
CRE construction activity tops 5-year U.S average
Combined spending on office, industrial and retail construction projects dropped below 2022 levels in the U.S. last year, but still surpassed the five-year average for the period since 2019.
REMI Network
New condo sales fall to 15-year low in GTA
New condo sales in the Greater Toronto Area are at their lowest since 2008 at 12,716 units, according to new data from Urbanation.
