Construction
Construction
"Fragmented" Industry Keeping Canada From Reaching Its Construction Capacity: CMHC
Canada isn’t living up to its construction capacity, according to a new report from the Canadian Mortgage and Housing Corporation (CMHC).
May 17, 2024
Construction
March Sees Notable Drop In Building Permits Across Canada
Month over month, the total value of building permits in Canada decreased 11.7% in March.
Construction
Ontario To Provide Menstrual Products On Large Construction Sites
As part of a bill introduced today, the Ontario government announced that menstrual products would be required to be provided on the construction sites of 20 or more workers and where construction is anticipated to last at least three months.
Construction
‘A Lull In The Market’: High-Density Land Sales Plunge To A 10-Year Low In GTA
According to data from Colliers and Altus Group, there have been just 20 transactions as of the first quarter of 2024, putting annualized sales in the territory of 2009.
‘A Deep-Rooted Focus’: Averton Enters Alberta And Ontario Purpose-Built Rental Markets
"We appreciate that the homes we build, and the communities we develop, are the backdrop to our customers’ everyday experiences," says Averton President and CEO Paul Lanni. "This is something we don’t take for granted, and the pursuit of excellence is what fuels us.”
Construction
Q1 Sets Record Lows For New Home Sales In The GTA
New home sales in March were down 16% from March 2023 and 66% below the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence.
Construction
Housing Starts Decrease By 7% Across Canada In March, 26% In Toronto
The SAAR of housing starts across Canada dropped from 260,047 units in February to 242,195 units in March.
Policy
Ford Government Zeroes In On 'Red Tape' In Sweeping New Housing Legislation
Today, the Ontario government doubled down even further on its relentless mission to speed up government processes and build homes faster.
Construction
Pace Of Housing Construction Must Double In Canada To Meet Future Growth: RBC
In a frank, and subsequently disheartening, report, RBC's Robert Hogue outlines seven major factors that must be considered if the country is serious about tackling its housing crisis.
Construction
Canadian Housing Starts Expected To Decline In 2024
Despite a desperate need for housing supply, we won’t see a notable uptick in housing starts this year.
Construction
Toronto’s Crane Count Drops To Lowest Level Since 2022 As Construction Lags
That not to say that Toronto is lacking in the crane department; the city still had 221 cranes at last count, well outpacing 13 other major markets across the US and Canada.
Construction
Anthem, Polygon, And Canderel Voice "Deep Concern" Over Burnaby's New ACCs
The City of Burnaby nonetheless granted conditional approval to the new ACCs and updated DCCs on Monday.
Construction
Port Moody Revamps Advisory Design Panel Process, Rendering Wesgroup Request Moot
The decision by the City of Port Moody to scrap the old Advisory Design Panel came just as Wesgroup Properties requested a waiver from the process.
Industry
HCRA Freezes All Albion Assets As Illegal Home Building Continues
The building industry watchdog has issued a freeze order for Albion after an investigation revealed that the company has been building homes without a licence and accepting “substantial payments” on the sale of those homes.
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