Apartment-dwelling is more prevalent among younger Canadians, who are also generally more inclined to go electric, the report said.

Experts say the real estate construction sector will need to be more innovative, including through increased adoption of robotics and other automation tools.

Four projects will share in the funding from the federal government, and will create more than 300 housing units across Ontario.

Reducing interprovincial barriers could open up new markets for Ontario's electricity that are insulated from ongoing trade uncertainty with the United States, the report said.

The college aims to modernize the existing skilled trades building in Barrie and add approximately 20,000 square feet of additional space.