Economic Archives - constructconnect.com Canada's construction news Fri, 28 Jun 2024 16:07:32 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://cc-production-uploads-bucket.s3.amazonaws.com/uploads/2021/10/cropped-favicon-32x32-1-32x32.png Economic Archives - constructconnect.com 32 32 U.S. markets the most expensive in the world to build: Survey /dcn/news/economic/2024/07/u-s-markets-the-most-expensive-in-the-world-to-build-survey /dcn/news/economic/2024/07/u-s-markets-the-most-expensive-in-the-world-to-build-survey#respond Tue, 02 Jul 2024 08:20:02 +0000 /?p=368951 North American markets are the most expensive places in the world to build in, according to Turner & Townsend’s latest International Construction Market Survey (ICMS). The ICMS provides an in-depth analysis of construction costs and what’s driving them around the globe. U.S. cities top the list as the most expensive to build in, making up […]

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Your top JOC headlines: June 24 to 28 /joc/news/projects/2024/06/your-top-joc-headlines-june-24-to-28 /joc/news/projects/2024/06/your-top-joc-headlines-june-24-to-28#respond Fri, 28 Jun 2024 10:55:41 +0000 /?p=368811 Your top JOC headlines this week feature news Stantec has been selected to design the Metropolis and Metrotown redevelopment in Burnaby, B.C.; full service could be only days away for Calgarians impacted by the massive feeder main pipe break; a proposed US$4-billion LNG project has been given the green light for Kitimat, B.C.; and we […]

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Your top DCN headlines: June 24 to 28 /dcn/news/infrastructure/2024/06/your-top-dcn-headlines-june-24-to-28 /dcn/news/infrastructure/2024/06/your-top-dcn-headlines-june-24-to-28#respond Fri, 28 Jun 2024 07:55:22 +0000 /?p=368808 Your top DCN headlines this week feature news tunnelling work is complete on a portion of the Eglinton Crosstown West Extension; after news of the Ontario Science Centre’s abrupt closing, the province is looking for a smaller temporary home; Toronto workers were recently rescued from a swing stage after several cables snapped; and Ontario is […]

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Top 10 major upcoming Northeast and Southeast construction projects – U.S. – June 2024 /canadata/forecaster/economic/2024/06/top-10-major-upcoming-northeast-and-southeast-construction-projects-u-s-june-2024 /canadata/forecaster/economic/2024/06/top-10-major-upcoming-northeast-and-southeast-construction-projects-u-s-june-2024#respond Thu, 27 Jun 2024 16:10:38 +0000 /?p=368844 The accompanying tables show the top 10 major upcoming Northeast and Southeast 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, industrial projects […]

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Top 10 major upcoming Recreational and Retail, Wholesale, Warehouse construction projects – Canada – June 2024 /canadata/forecaster/economic/2024/06/top-10-major-upcoming-recreational-and-retail-wholesale-warehouse-construction-projects-canada-june-2024 /canadata/forecaster/economic/2024/06/top-10-major-upcoming-recreational-and-retail-wholesale-warehouse-construction-projects-canada-june-2024#respond Thu, 27 Jun 2024 15:28:14 +0000 /?p=368832 The accompanying tables show the top 10 largest upcoming Recreational and Retail, Wholesale, Warehouse 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 […]

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CRE Q2 survey shows office sector expected to be the worst performer /dcn/news/economic/2024/06/cre-q2-survey-shows-office-sector-expected-to-be-the-worst-performer /dcn/news/economic/2024/06/cre-q2-survey-shows-office-sector-expected-to-be-the-worst-performer#respond Wed, 26 Jun 2024 10:15:39 +0000 /?p=368618 TORONTO — The Q2 2024 CRE Industry Conditions and Sentiment Survey, a quarterly survey that collects insights on current market conditions and future expectations, was released recently by Altus Group Limited. The latest survey draws on feedback from 560 seasoned CRE professionals representing over 97 firms in the U.S. and Canada from March to April. […]

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Tridel celebrates 90 years: Puts focus on sustainability, innovation and intensification /dcn/news/economic/2024/06/tridel-celebrates-90-years-puts-focus-on-sustainability-innovation-and-intensification /dcn/news/economic/2024/06/tridel-celebrates-90-years-puts-focus-on-sustainability-innovation-and-intensification#respond Wed, 26 Jun 2024 08:39:45 +0000 /?p=368623 Tridel may be one of Canada’s largest homebuilders today but the company started out as a family business and, over its 90-year history, has held onto the core values that it started off with. “I know everybody likes the word ‘developer,’ but we tend to, because of our roots, think of ourselves as a homebuilder,” […]

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North American Rail Solutions acquires Calgary EPC firm /joc/news/usa/2024/06/north-american-rail-solutions-acquires-calgary-epc-firm /joc/news/usa/2024/06/north-american-rail-solutions-acquires-calgary-epc-firm#respond Tue, 25 Jun 2024 11:05:32 +0000 /?p=368501 FORT WORTH, TEXAS – North American Rail Solutions (NARS), one of the largest railroad design, construction, maintenance and operating service providers in North America has acquired Calgary-based Tri Innovations Consulting Ltd. Tri Innovations is an engineering, procurement and construction (EPC) provider with work including feasibility studies, detailed design and engineering services, supply chain management, project […]

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Jacob Bros acquisition comes down to culture and strategic growth: Bird CEO /dcn/news/economic/2024/06/jacob-bros-acquisition-comes-down-to-culture-and-strategic-growth-bird-ceo /dcn/news/economic/2024/06/jacob-bros-acquisition-comes-down-to-culture-and-strategic-growth-bird-ceo#respond Mon, 24 Jun 2024 11:00:31 +0000 /?p=368425 For Bird president and CEO Teri McKibbon the acquisition of Jacob Bros addressed expansion needs for both companies while meshing a similar corporate culture. Bird Construction announced on June 10 it is acquiring Surrey, B.C.-based Jacob Bros for $135 million. The Jacob Bros acquisition was a continuation of similar efforts in Eastern Canada such as […]

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CMHC appoints new CEO, chair and board of directors /dcn/news/economic/2024/06/cmhc-appoints-new-ceo-chair-and-board-of-directors /dcn/news/economic/2024/06/cmhc-appoints-new-ceo-chair-and-board-of-directors#respond Mon, 24 Jun 2024 10:05:19 +0000 /?p=368345 OTTAWA — Coleen Volk has been appointed president and CEO of Canada Mortgage and Housing Corporation (CMHC) and Don Iveson has been appointed as chair of the board of directors. Other appointments to the board of directors for CMHC include Laurie LeBlanc, Ray Williams, Darlene Hyde, Heather Tremain and Nick Macrae. Volk takes the helm of CMHC with […]

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Net-zero grid could spark flurry of deal-making in renewables sector: report /dcn/news/resource/2024/06/net-zero-grid-could-spark-flurry-of-deal-making-in-renewables-sector-report /dcn/news/resource/2024/06/net-zero-grid-could-spark-flurry-of-deal-making-in-renewables-sector-report#respond Mon, 24 Jun 2024 10:00:01 +0000 /?p=368336 OTTTAWA — Decarbonizing Canada’s electricity grid could lead to a significant uptick in mergers and acquisitions in the renewable energy sector, a new report says. The report, released by PwC Canada, provides a mid-year update on M&A activity across all sectors of the Canadian economy. It shows deal flow remained subdued in the first half […]

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Your top JOC headlines: June 17 to 21 /joc/news/economic/2024/06/your-top-joc-headlines-june-17-to-21 /joc/news/economic/2024/06/your-top-joc-headlines-june-17-to-21#respond Fri, 21 Jun 2024 10:45:31 +0000 /?p=368250 Your top JOC headlines this week feature news Alberta hit a record number of homes under construction in May; Calgary marked two weeks of water restrictions in the wake of a massive watermain break; the Vancouver Regional Construction Association sits down with BC United Leader Kevin Falcon; and an LNG company plans to use a […]

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