Page 4 - Force Canada News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 and non-residential se

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 2024–2033 Cons

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 Maintenance Looking Forw