Industry Updates

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.

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Vancouver Economic Commission draws attention to city’s $426-million construction-technology 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”.

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Our News

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.

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