According to the Conference Board of Canada, economic growth in the Greater Toronto Area is expected to moderate in 2019 and 2020.

Statistics Canada released the findings of its monthly Labour Force Survey last week. The report shows that national employment figures held steady in October after two consecutive months of growth.

Under the Ontario Construction Lien Act, a contract is considered substantially performed when the improvement, or a substantial part thereof, is ready for use, or is being used for the intended purposes, and when the improvement is capable of completion or, where there is a known defect, correction can be completed for less than the threshold monetary amount.

In its latest report on building construction indexes, Statistics Canada shows a jump of 0.5 percent for the cost of non-residential construction, and a jump of 0.6 percent for residential structures.