A hard market is causing insurers to look hard at their risk exposures, and should cause contractors to consider their own risk-mitigation strategies.

Permit values in three of five sectors in Ontario dropped in November, leading to an overall decline in monthly permit values of 5.7 percent.

The two-tower, 420-unit project will include 110 affordable housing units, and has been funded in part under CMHC’s Rental Construction Financing initiative.

Losses stemming from the large contractor defaults of 2018 have now largely been digested by the primary sureties involved, and re-insurance interest in Canada remains high with few rare exceptions.

Flex-N-Gate plans to grow its downtown plant by 12,500 square feet and create more than 100 new jobs.