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.
Ontario to begin gradual reopening of economy Wednesday
Premier Doug Ford said Monday that a state of emergency will be allowed to expire as scheduled on Tuesday, but most regions will remain under a stay−at−home order until they transition back to the province’s colour−coded restrictions system.
Coalition calls for governments to fill infrastructure funding commitments
The Building for Recovery coalition is calling for senior levels of government to spend the money they have already committed to infrastructure funding in an effort to not only bolster the construction industry, but also to spur the economy along more generally.
Lumber shortages, housing demand drive Q4 construction prices to new record
Statistics Canada’s look at building construction price indexes for the fourth quarter of 2020 shows an increase in construction prices of 2.9 percent for residential construction and an increase of just 0.4 percent for non-residential work.
Ontario economy reopening details coming next week: Labour minister
Monte McNaughton did not provide further specifics, but his comments come as the province’s current state of emergency is set to expire on Tuesday.
Preliminary GDP data suggests 2020 was worst year on record
Canada’s economy appears to have suffered its worst year on record as the national statistics agency’s preliminary estimate showed a contraction of 5.1 per cent in 2020.