2022 Forecast is bright for Canada’s construction sector
April 5, 2022
While economic recovery from the COVID-19 pandemic is underway in Canada, supply chain disruptions and labour shortages have added to challenges felt across most industries, and the construction sector is no exception. The good news is that investments bounced back in the sector for residential and non-residential construction after a slowdown early into the pandemic.
Top 10 largest construction project starts in Canada
January 7, 2022
There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when job-site work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.
How Ottawa plans to jump-start housing construction next year
December 24, 2021
The federal government wants to help municipalities build 100,000 new ‘middle-class’ homes by 2025.
Most buildings were designed for an earlier climate – here’s what will happen as global warming accelerates
July 12, 2021
Climate change is fundamentally altering the environmental conditions in which buildings are designed to function.
Construction in Canada – Key Trends and Opportunities to 2025 (Q1 2021)
Following a decline of 3.4% in 2020, Canada’s construction industry is now forecast to grow by 0.6% in 2021, up from the previous forecast of -2% in the Q4 2020 update, as activity in the housing market has been stronger than expected.
Canadian construction companies rate digital maturity as ‘under-developed’ in new survey
April 5, 2021
When asked in a survey to evaluate their digital transformation efforts, 64 per cent of construction industry respondents said they are not currently exploring new business models and a majority of respondents rated their digital maturity as “under-developed.”
Canada construction industry to rebound in 2021
March 31, 2021
Construction across Canada is expected to rebound in 2021 in the wake of the COVID-19 pandemic and rise through the coming decade, according to the latest labour market forecast released by BuildForce Canada.
CCA announces new board of directors, with Ray Bassett as chair
March 15, 2021
Following the election at the recent annual general meeting of the Canadian Construction Association (CCA), the 2021-22 board of directors was announced with Ray Bassett at the helm as chair.
Federal prompt payment act ‘in limbo’ says Canadian Construction Association
March 12, 2021
OTTAWA — According to the Canadian Construction Association (CCA), it has been almost two years since the Federal Prompt Payment for Construction Work Act passed but the legislation still remains in limbo with no legal coming-into-force date.
BC Construction Association Announces New Board Chair
September 23, 2020
Mike Fawcett of Brock White steps up to lead. “We welcome Mike to the Chair’s role and look forward to his contributions as an experienced, long-time Board Member” says Chris Atchison, President of the BCCA.
August’s Canadian Housing Starts Increased
September 9, 2020
The national trend in housing starts increased for a third consecutive month in August. Higher multi-family starts in Ontario, including Toronto, drove the national increase. We expect national starts to trend lower by the end of 2020 as a result of the negative impact of COVID-19 on economic and housing indicators.
Vancouver Economic Commission draws attention to city’s $426-million construction sector
August 1, 2020
According to a recent paper by BCIT Sustainable Business Leadership researchers Lara Azarcon and Felippe Calçado, there are 66 companies in Vancouver that could be characterized as “contech”.
BuildApp Systems Corp. Provides British Columbia Construction Industry Outlook
After a decline, growth resumes in the construction sector in British Columbia in 2021.
The wellbeing of Canada’s national economy is primarily determined by the state of its construction sector. British Columbia was among those provinces hit hardest by the COVID-19 pandemic. In 2020 there was a huge decline in new housing, commercial, and industrial building construction in the province, in comparison to 2019. Fortunately, Canada’s construction sector is returning to growth and is expected to have an annual average rate of 1.1 percent over 2021 to 2024 due to major project demands increase and industrial and commercial investment recovery.
BuildApp Systems Corp. Adapts to COVID-Related Challenges and Continues Project Development
BuildApp Systems continues developing an application for construction project management.
The COVID-19 pandemic has resulted in unprecedented impacts and challenges for the construction industry to deal with. Although the pandemic remains far from over, construction projects have resumed, and the industry’s labour levels are nearing their early 2020 peaks. According to the latest annual report from BuildForce Canada, it is expected that the construction industry will continue rebounding this year as the recovery takes root. Based on these predictions, it seems that sector growth is forecast throughout the 2020s.
BuildApp Systems Corp. Launches System Development
A disruptive ConTech startup’s unique project enables efficiency and safety optimization for Canada’s construction industry workers.
Construction is a primary industry in Canada, employing more than 1.2 million workers. Every development site presents unique efficiency and safety challenges for project managers, who are forced to accommodate each of them. However, there hasn’t been an excellent way to look at projects holistically, including budgeting and planning hurdles. The solution lies in looking at several data sources at once to help mitigate those challenges. There is a huge opportunity gap that the team behind BuildApp is well poised to address.