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.

Prices for flat-rolled steel continued to rise through the fourth quarter of 2020 and again in the early weeks of 2021. What’s more, fabricators are warning that a normal two- to three-week lead time has been extended to one or two months.

Canada’s housing authority says retail, construction and services workers were the most common deferrers of mortgage payments in the first few months of the COVID−19 pandemic.

The provincial allocation is open to those municipalities with populations of less than 100,000 and the money will be shared among 424 communities. The overall funding allocation for 2021 is identical to the funding issued in 2020.

The new building is valued at $65 million, and is located in Hamilton’s Red Hill Business Park. Upon completion, the 65-foot-tall facility will boast nearly 250,000 square feet of storage space, and 30,000 square feet of food processing space.