News
News and information from and for Ontario’s construction industry
The Link2Build group publishes news and information about the Ontario construction industry daily. Check here for the latest in trends, developments and insight from a wide variety of contributors, and visit regularly for updated information.
Economy adds 337,000 jobs in February, unemployment rate falls to pre-pandemic level
Canada's labour market showed signs last month of finally shaking off the shock COVID-19 delivered two years ago, with the share of workers with a job and the unemployment rate besting levels seen just prior to the pandemic.
OCS report: contractors optimistic heading in 2022
The Ontario Construction Secretariat’s annual contractor survey finds that 82 percent of those contractors surveyed have a positive outlook on the province’s construction industry for 2022.
SNC-Lavalin at a net loss after pandemic stalls major projects
After three straight quarters of profits, the engineering firm swung to a loss of almost $53 million in the quarter ended Dec. 31, surprising analysts, who called the financial results "weak" and "messy."
Hot housing market drives 2021 economic growth
Statistics Canada said Tuesday the economy grew 4.6 per cent last year, compared with a decline of 5.2 per cent in 2020, the first year of the COVID-19 pandemic.
Ontario's labour market rebounds to pre-pandemic levels but recovery uneven: report
Ontario's financial watchdog says that overall, the province's labour market has rebounded to pre-pandemic levels, but the recovery has been uneven across sectors and regions.