Industrial space is being gobbled up at a dizzying rate as companies expand their storage and fulfilment centres to cope with the demands of e-commerce.

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.

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

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.