The volume of residential units under construction is near a record high in many cities. Even with input costs rising, builders are expected to stay busy, and record strong profits this year and next.

The Canada Infrastructure Bank is establishing the Indigenous Community Infrastructure Initiative, which will enable the building of new infrastructure projects in Indigenous communities and help generate investments in projects that are vital to economic growth and environmental protection.

Both groups pointed to positive elements of the budget, but indicated more could have been done to deploy already-allocated money, and create predictable funding flows.

After hosting a roundtable discussion with industry stakeholders, the Ottawa Construction Association has issued a statement regarding supply chain issues and price escalations.

A series of projects in the southwestern communities will share in more than $8 million in funding from the federal and provincial governments. The projects will conclude by December 2022, and bring broadband access to more than 3,000 homes and businesses.