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.
Employment growth slows in October
Public-health restrictions on gatherings that were implemented in some regions of the country for a period in October contributed to a stall in employment growth across the country. Construction added just 8,400 jobs for the month, and remains well below February levels.
Non-residential markets bring down total construction investment in September
Investment in the non-residential building sectors has been on a downward trend since hitting a peak in June. The overall investment market dropped 1.7 percent in September—down from a record high in August.
Construction prices rise with increased volume, supply shortages
The latest report into building construction prices issued by Statistics Canada—for the third quarter of this year—shows that residential construction prices rose 2.4 percent while the cost of non-residential buildings rose 0.4 percent.
CCA celebrates National Construction Day
Held on November 3, the day aims to celebrate the people who build, maintain and connect Canada’s infrastructure. Various initiatives, including an active social media campaign, helped draw attention to the cause.
Pre-pandemic economic levels at least a year away
The latest economic analysis from financial services provider Central 1 suggests that Ontario’s economy won’t return to pre-pandemic levels before the middle of 2022, as the initial surge in summer restart activity stalls through the end of 2020.