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.
Commons committee calls for CIB to be scrapped
In a report tabled on May 3, the House of Commons Transportation Committee called on the government to cancel the Bank altogether. The report concluded that the Bank has failed in its mandate.
Dagmar Construction awarded $62M contract for GO corridor expansion
The company, which is a subsidiary of Bird Construction, will responsible for railway track, signal, and station works related to the project.
Hydro One, First Nations groups agree to partnership on key transmission line project
The agreement between the utility and Gwayakocchigewin Limited Partnership sees nine First Nations communities given the opportunity to invest in a 50-percent stake in the Waasigan Transmission Line project.
Construction costs rise in Q1
The cost to build residential construction increased by 5.6% in the first quarter of this year, in part due to a lack of skilled trades workers. Non-residential costs rose by a more modest 2.6%, largely because of supply chain constraints.
Permit values drop 9% in March
The drop was mainly due to the fact that February’s total activity was inflated by two hospital permits worth a combined $1.9 billion.