LATEST NEWS 
January 17, 2013
Canadian construction work remains steady in 2013, according to report
According to BTY Group’s annual Market Intelligence Report on construction costs across Canada, private sector spending and infrastructure maintenance are the major factors that will help keep construction workloads steady with minimal cost increases in 2013.
“We expect reasonably healthy levels of activity across Canada despite a residential slowdown across most of the country and lower than expected growth in the U.S.,” said Joe Rekab, managing partner at BTY Group. “Strong private sector investment in energy, resource and commercial-retail – with continued infrastructure spending – should offset a cooling housing market in ever province except B.C. and Alberta.”
In eastern Canada, Ontario will see a stable workload, supported by a bounce back in commercial development and a sustained infrastructure program.
Quebec will remain steady, with help from investment in health care, transportation and multibillion-dollar mining and energy projects.
| MOST POPULAR STORIES |
| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 541 projects with a total value of $2,992,674,310 that Reed Construction Data Building Reports reported on Thursday.
CONDOMINIUM APARTMENT BLDGS, PARKLAND
$290,000,000 North York ON Prebid
$105,000,000 Metro Toronto Reg ON Prebid
$75,000,000 Ottawa ON Prebid
| CURRENT STORIES |
- VIDEO: Economic Update May 21, 2013
- Prompt payment bill headed to committee
- Final Phase
- A return to core values a must for banks: Carney
- OHMPA on the road with informative seminars
- Local 675 strike ends after new agreement ratified
- NDP says it will support Liberal budget, averting spring election
- Measure of U.S. economy’s future health rises 0.6 per cent in April after March dip
- Terratec awarded Brighton, Ont. Lagoon Clean-Out Project contract
- Fundraising campaign to reach target for new Shriners Hospital for Children
- George Brown College building named after Tridel CEO
- Construction Site Arson
- VIDEO: Journal of Commerce Update for the week of May 27th, 2013
- Historic church renovation reaches new heights
- Hiring of foreign workers for hospital project outrages union
- Acetylene torch explosion causes significant damage
- Festival of Architecture hits Halifax
- Winnipeg Southwest Transitway wins award
- Vendor performance is key measurement
- NDP leader spoke to police about corruption
- Big contract down under for ATCO Structures
- RFQ issued for Kamloops hospital project
| ALEX’S ECONOMICS BLOG |
Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- An Overview of Prices and Sales in the Diverging U.S. and Canadian Housing Markets (April 25, 2013)
- Canada’s Precarious Dependence on the Commodity Price Super-Cycle (April 22, 2013)
- Twenty major upcoming residential and transportation terminal construction projects - April 2013 (April 15, 2013)
- More
