Economic Archives - constructconnect.com

CentrePort Canada Footprint Award celebrates founding president and CEO

wp-poster — Wed, 03 Jun 2026 11:05:35 +0000

WINNIPEG – The second annual CentrePort Canada Footprint Award was handed out recently to founding president and CEO Diane Gray. The award recognizes an individual whose contributions and influence left an indelible impression in carving out the path to CentrePort’s success. According to a release, in 2009, Gray was hired as the founding president and […]

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Carney says economic plan ‘settling in’ after Canada enters recession territory

wp-poster — Wed, 03 Jun 2026 10:40:11 +0000

OTTAWA — Prime Minister Mark Carney says the government’s plan to build up the economy is “settling in” as work continues on getting major projects built and expanding non-U.S. trade relationships. These are the prime minister’s first public comments about the state of the economy after Statistics Canada reported two consecutive quarters of economic decline, […]

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Englobe makes next step in acquiring Quebec engineering firm Pluritec

wp-poster — Tue, 02 Jun 2026 10:25:34 +0000

LAVAL, QUE. — Englobe Corporation recently announced it has entered into an agreement to acquire Pluritec, a Québec-based multidisciplinary engineering consulting firm headquartered in Trois-Rivières. The transaction remains subject to customary closing conditions, but the agreement aligns with Englobe’s growth strategy and strengthens its ability to support clients at a time where infrastructure projects in […]

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New report proposes unique solution to Canada’s housing shortage

wp-poster — Tue, 02 Jun 2026 10:05:48 +0000

Canadian wood producers and manufacturers say they know how to solve the country’s housing shortage and, at the same time, increase demand in the construction industry for their products. The “two-fer” solution is laid out in a recent report published by the Canada West Foundation (CWF). The report is based on a December 2025 roundtable […]

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Canada slips into technical recession as economy stalls in Q1: StatCan

wp-poster — Mon, 01 Jun 2026 10:25:49 +0000

OTTAWA — Statistics Canada says economic growth stalled in the first quarter, leading to a second consecutive decline in real gross domestic product. That meets some definitions for a technical recession, though StatCan’s report painted a mixed picture of the economy. Real gross domestic product by expenditure was essentially unchanged on a quarter-over-quarter basis, StatCan […]

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AECOM selected for top-ranked Defence Construction Canada position

wp-poster — Mon, 01 Jun 2026 10:20:49 +0000

OTTAWA — AECOM has announced it has been awarded the top position on Defence Construction Canada’s (DCC) National Architecture and Engineering (A&E) Source List. The multi-year program has a potential value of up to $270 million, explains a release, and will support the Department of National Defence (DND) in delivering infrastructure across Canada. The contract […]

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Housing starts held back by regulatory conditions, structural factors: CMHC

wp-poster — Mon, 01 Jun 2026 10:05:51 +0000

OTTAWA — A new report by the Canada Mortgage and Housing Corp. says regulatory conditions, along with economic and demographic structural factors, have slowed the pace of housing starts and pushed home prices higher. In a report that looked at the housing market from 2006 to 2024, the agency estimated that annual housing starts could […]

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Ware Malcomb expands Canadian presence with Vancouver office

wp-poster — Fri, 29 May 2026 11:00:12 +0000

VANCOUVER – International design firm Ware Malcomb has opened a new office in Vancouver and has also announced David O’Regan has joined the firm as studio manager, architecture in the city. In this role, O’Regan will be responsible for building and leading the local architecture team while strengthening Ware Malcomb’s presence in the western Canadian […]

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RAW Design pivots to smaller density builds as Ontario’s highrise condo market stalls

wp-poster — Fri, 29 May 2026 10:30:19 +0000

With the collapse of the highrise condo market in the Greater Toronto Area and other major Ontario cities, designers and developers have turned to alternative markets to stabilize their balance sheets. Toronto’s RAW Design Inc. has pivoted to smaller-scale density developments, often featuring affordable rental options in communities such as Peterborough, Brockville, Whitby and bigger […]

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Canada’s push to diversify trade away from U.S. seeing mixed results: report

wp-poster — Fri, 29 May 2026 10:00:39 +0000

OTTAWA — A small group of cities across the country drove Canada’s progress on diversifying trade in 2025, while others fell behind, says a new report from the Canadian Chamber of Commerce. The report says Calgary, Ottawa-Gatineau, Toronto, Saskatoon and Kelowna, B.C., are the cities that made the strongest gains in export diversification beyond the […]

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Trump’s trade czar says tariffs will remain on Canada, Mexico despite trade agreement

Daily Commercial News — Wed, 27 May 2026 12:42:44 +0000

WASHINGTON — U.S. President Donald Trump’s trade czar says there will be tariffs in place on Mexico and Canada even though the countries are part of a continental trade pact. Speaking at the Council on Foreign Relations Tuesday, United States Trade Representative Jamieson Greer was asked about the state of negotiations with Ottawa around the […]

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Mega-spending on training alone won’t solve Canada’s construction labour deficit

wp-poster — Wed, 27 May 2026 10:25:26 +0000

The federal and provincial governments are pouring mega-dollars into trades training, but the construction industry’s real need is to find ways to draw in the individuals who are crucial to building Canada’s growing need for infrastructure, say industry leaders. BC Construction Association president Chris Atchison wants to see more government-industry association connection, strategized spending and […]

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