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.
CMHC reports annual pace of housing starts down in December
Despite the drop, CMHC says the six−month moving average of the monthly seasonally adjusted annual rates of housing starts climbed to 239,052 units for the final month of 2020, up from 236,334 in November.
RCCAO renews call for municipal funding
A new video released by the alliance warns of significant industry job losses and economic stagnation if the federal and provincial governments don’t commit more money to help municipalities balance their budgets.
New London school to be built
The province has announced an investment of nearly $17 million for a new school in southeast London. It is the second approved by the province in the city since October.
Feds allocate $203M for Toronto Rapid Housing
The City of Toronto will use the money to build seven projects that will create as many as 540 affordable units for people experiencing homelessness. One-fifth of those units will be allocated to Indigenous communities; an additional 20 percent will be allocated to women and girls.
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.