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.
Slight drop in construction investment in November
Non-residential investment was mostly unchanged in November, remaining at $4.4 billion. Investment in residential construction, meanwhile, edged down 0.1 percent.
CIB to back Oneida energy project
The Canada Infrastructure Bank has lent its support to the development of a 250 megawatt/1,000 megawatt-hour energy storage facility near London—the largest project of its kind in the country. The bank will make an official investment decision this spring.
Province announces $375M in Gas Tax funding
The Ontario government announced further financial support for municipalities—in the form of money from the Gas Tax fund—on January 14. The funding is to be used to support public transit systems.
Ontario's tighter rules allow builders to keep working on condos, other jobs
Ontario’s new COVID−19 emergency measures don’t prevent construction from continuing on many developments, including condos.
Toronto mayor asks for more funding from federal and provincial governments for 2021
Tory says that if the higher levels of government don’t come through with renewed funding Toronto will have to cut up to $860 million of capital spending.