Uncategorized Archives - constructconnect.com

Proper allocation of funds during the duration of the contract

Daily Commercial News — Tue, 21 Jul 2026 10:20:11 +0000

In too many cases, supply contracts can “run out of money” because the amount of the contract underestimated the funds needed for its length. The general rule in a municipality is once out of money, invoices cannot be processed until additional funds are added to the contract. Even with the best will in the world […]

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Industry Perspectives Op-Ed: Time to look beyond the rental rate

wp-poster — Fri, 17 Jul 2026 10:10:32 +0000

Unlocking more value from every rental takes equipment from a cost to a strategic advantage Picture this scenario: A site supervisor needs a telehandler for last-minute work on a new project. Before placing the rental order, they check the data. Several telehandlers are already on rent, sitting unused across other jobsites. GPS tracking identifies […]

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Alberta, CLAC embark on pilot program to support workers prepping for their Red Seal

Lindsey Cole — Mon, 08 Jun 2026 10:01:21 +0000

EDMONTON – The Province of Alberta has announced it is providing $4 million to expand training opportunities for skilled trades workers. In collaboration with the Christian Labour Association of Canada (CLAC), the money will support skilled trades workers preparing for certification and Red Seal exams through an advanced learning platform, which personalizes training as you […]

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An engineering marvel: Burnaby Lake Overpass slated to open today

Lindsey Cole — Mon, 27 Apr 2026 07:52:39 +0000

BURNABY, B.C. – The Burnaby Lake pedestrian and cyclist overpass over Highway 1 is slated to open today (April 27). The accessible crossing provides a link between Burnaby Lake with Deer Lake and measures 5.7 metres above the highway – higher than the Kensington crossing nearby. It uses Canadian weathered steel, a special type of […]

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Federal pause on gasoline, diesel tax takes effect today, after Iran fuel price spike

Lindsey Cole — Mon, 20 Apr 2026 11:59:01 +0000

OTTAWA – Ottawa’s temporary suspension of some fuel taxes kicks in today, with Canadians likely to save 10 cents per litre on regular gasoline, and four cents on a litre of diesel. Prime Minister Mark Carney had announced last week a pause on those fuel excise taxes up until Labour Day. The Liberals say this […]

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The Challenges Facing the New Head of the Federal Reserve

Daily Commercial News — Tue, 14 Apr 2026 10:10:21 +0000

Barring unforeseen circumstances, Kevin Warsh will soon replace Jerome Powell as Chairman of the Federal Reserve. Mr. Powell’s term ends May 15th, but Mr. Warsh must first clear Senate confirmation. Once seated, he will confront a tricky economic landscape. Mainly through interest rates, the Fed prioritizes two mandates: keeping inflation in check and promoting jobs growth. Examining […]

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Price surge from Trans Mountain expansion highlights need for new pipelines: MEI

Daily Commercial News — Mon, 30 Mar 2026 11:05:02 +0000

CALGARY, ALTA. — A new report says Canada’s ability to sell oil in markets outside of the United States has paid off big time so far, underscoring the urgent need for more pipelines to coastal waters. Public policy think-tank MEI says the average price-gap between light U.S. and heavy Alberta crude blends narrowed by 37.5 […]

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Calgary home sales down 11 per cent in February as condo activity slips: board

Daily Commercial News — Tue, 10 Mar 2026 11:00:22 +0000

CALGARY, ALTA. — Home sales in the City of Calgary fell 11.2 per cent last month compared with February 2025 amid a sharp pullback in condo activity. The Calgary Real Estate Board says 1,526 total homes changed hands, as the city’s residential benchmark price fell 4.4 per cent year-over-year to $560,500. Apartment and row-style homes […]

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Mining as a Bedrock for Growth in U.S. and Canada

Daily Commercial News — Mon, 09 Mar 2026 10:35:48 +0000

There is a major type of capital spending often viewed as separate from construction yet intrinsically linked to it: the hugely important mining sector. Mining has always provided the essential input materials to build our world. However, we are now seeing unprecedented demand for elements vital to environmental clean-up efforts and high-tech research in battery storage, robotics, […]

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Northlander rail infrastructure nearing the final track to completion

Lindsey Cole — Tue, 03 Feb 2026 09:07:21 +0000

NORTH BAY, ONT. — The Ontario government has announced it is nearing completion of more than $100 million worth of investments in rail infrastructure to support the return of Northlander passenger rail service to northeastern Ontario. Work that was carried out along the corridor included joint elimination, curve adjustments and improvements at rail crossings. The Northlander will […]

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Wildfires, droughts and Trump impacting Manitoba’s bottom line

Lindsey Cole — Mon, 22 Dec 2025 10:23:36 +0000

WINNIPEG – Manitoba’s 2025-26 second quarter report shows climate change-driven wildfires and droughts along with the economic slowdown from President Donald Trump’s tariffs have had an impact on the province’s bottom line. According to a release, excluding the net costs of wildfires and Manitoba Hydro’s variance, the deficit would be $803 million, which is just […]

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Lesurf top individual fundraiser in Movember’s construction challenge

Lindsey Cole — Fri, 19 Dec 2025 10:05:34 +0000

TORONTO – The results are in for the 2025 Movember Canadian Construction Challenge and Gillam Group president Craig Lesurf has come out on top. Named the top fundraiser, Lesurf raised $58,069 for the cause and came in fourth place for individual fundraisers in Canada. He has been a Mo Bro for nine years and raised over […]

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