Page 2 - Force Canada News Today

Who is going to build the 3.9 million homes the Canadian government has targeted in its 2024 budget over the next seven years, asks columnist Keith Baldrey.

OTTAWA, March 28, 2024 (GLOBE NEWSWIRE) -- Canada’s construction sector experienced a slight contraction in 2023, as growth in the non-residential sector was offset by a moderate decline in activity in the residential sector. Despite this trend, the industry continues to perform at an elevated level, and is poised to grow through 2033. BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward national forecast today. The report finds that activity in the...

OTTAWA, March 27, 2024 (GLOBE NEWSWIRE) -- As was the case in many provinces, Saskatchewan’s construction sector saw modest growth in 2023. Investment levels in the non-residential sector rose notably in response to strong activity in transportation, manufacturing, resource, and public infrastructure projects. Investment in the residential sector, meanwhile, contracted as interest rates rose. The BuildForce Canada 2024–2033 Construction and Maintenance Looking Forward report for Sa...

OTTAWA, March 27, 2024 (GLOBE NEWSWIRE) -- The components of Alberta’s construction sector saw mixed fortunes in 2023. Activity in the province’s non-residential sector grew modestly with an increase in the construction of industrial, commercial, and institutional (ICI) buildings and in the oil and gas sector. Meanwhile, residential construction demand, which had been performing at elevated levels in recent years, contracted under the pressure of rising interest rates. BuildForce C...

BuildForce Canada published its 2024–2033 Construction and Maintenance Looking Forward report for Ontario today. The outlook calls for......

OTTAWA, March 26, 2024 (GLOBE NEWSWIRE) -- Although activity in Ontario’s residential sector slowed in 2023 in response to rising borrowing and construction costs, the province’s non-residential sector continued its steady growth trend, and shows little sign of slowing until at least the late 2020s. BuildForce Canada published its 2024–2033 Construction and Maintenance Looking Forward report for Ontario today. The outlook calls for strong growth across both the residential a...

OTTAWA, March 26, 2024 (GLOBE NEWSWIRE) -- Construction activity in Manitoba was almost unchanged from 2022 levels in 2023. A small gain in non-residential construction investment levels, which was propelled by growth in the industrial, commercial, and institutional (ICI) buildings sector, was offset by a slightly larger contraction in residential investment levels that was driven by rising interest rates and cooling demand for new-home construction. BuildForce Canada released its 2024–20...

OTTAWA, March 25, 2024 (GLOBE NEWSWIRE) -- Construction and maintenance activity in Newfoundland and Labrador increased slightly in 2023 as a gain in non-residential construction investment more than offset a slight contraction in the provincial residential construction sector. The former has benefitted from a series of projects in engineering construction, and strong activity in industrial, commercial, and institutional buildings construction, while the latter has been curtailed by rising inter

OTTAWA, March 25, 2024 (GLOBE NEWSWIRE) -- Construction and maintenance activity in Nova Scotia experienced a slight contraction in 2023 as a further gain in non-residential construction was offset by a larger loss in residential-sector activity. Rising interest rates have cooled demand for new housing in the province since investment levels reached a peak in 2022. Meanwhile, activity in the non-residential sector continues to be supported by strong growth across engineering construction and in

OTTAWA, March 25, 2024 (GLOBE NEWSWIRE) -- Construction activity in Prince Edward Island eased moderately in 2023 as the province’s residential construction sector declined from the peak levels of activity reached in 2022, while the non-residential sector continued a steady upward climb that began in 2021. Even with these changes, however, the province’s labour markets continue to experience recruiting challenges. BuildForce Canada released its 2024–2033 Construction and Mai...