Economic Archives - Page 28 of 30 - Tiopepi Construction Blog

Up to 4.8 million new homes needed over next decade to restore affordability: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore…

adminJune 20, 2025

Commercial Construction

Trade with China booming amid U.S. tariff war: Port of Montreal

MONTREAL — The Port of Montreal says trade with China is surging amid the U.S. tariff war and despite tensions with Beijing. In a release,…

adminJune 20, 2025

Commercial Construction

Construction sector ramping up tech investments to address labour gap: KPMG survey

TORONTO — A new survey says most Canadian construction companies are still coping with a shortage of skilled labour, however their productivity and efficiency has…

adminJune 19, 2025

Commercial Construction

Canada’s answer to perilous economic times is nation-building construction

Not surprisingly, due to the new stiff tariff penalties being imposed on most Canadian goods shipped to the United States, Canadian exports have recently experienced a historically…

adminJune 17, 2025

Commercial Construction

Hydro One Limited announces new chair

TORONTO — Hydro One Limited has announced Melissa Sonberg has been appointed as the new chair of the board. “It is a privilege to assume…

adminJune 16, 2025

Commercial Construction

Latest Middle East escalation adds pressure to steel and aluminum costs

In an escalation overnight, Israel launched a missile barrage against key Iranian sites and military leaders. The immediate market reaction has been swift: oil prices jumped over…

adminJune 13, 2025

Commercial Construction

ArcelorMittal Long Products Canada closing wire drawing mill in Hamilton

HAMILTON, ONT. — ArcelorMittal Long Products Canada is closing its wire drawing mill in Hamilton. The move will affect 153 employees. The company says all…

adminJune 13, 2025

Ottawa’s GST rebate on new homes would save typical first-time buyer K: PBO

Commercial Construction

Ottawa’s GST rebate on new homes would save typical first-time buyer $27K: PBO

OTTAWA — The parliamentary budget officer says an eligible first-time homebuyer would save an average of $26,832 in sales tax on the price of a…

adminJune 13, 2025

Hamilton surpasses B in construction value at earliest-ever mark

Commercial Construction

Hamilton surpasses $1B in construction value at earliest-ever mark

Hitting the earliest benchmark ever, Hamilton has surpassed $1 billion in total construction value for building permits issued since the start of 2025. Given the…

adminJune 9, 2025