Market Watch

tech job growth

Canadian cities fertile for tech job growth

The rankings reflect CBRE's assessment of each market's competitive appeal based on 13 variously weighted indicators that collectively present a picture of employment trends and other factors helping to attract and sustain a tech labour force.
Procore

Procore doubles number of subcontractor users

Procore Technologies, Inc., a leading provider of construction management software, has nearly doubled the number of subcontractors on the Procore platform.
MIPS hard hat brain

World’s first brain protection hard hat launch

Swedish safety helmet firm MIPS has partnered with Guardio to create the world’s first hard hat that offers a brain protection system.
rethinking real estate

Stigma fuels case for rethinking real estate

Much of the current negative sentiment relates to the emergence of informal rooming houses in predominantly single-family residential areas near suburban post-secondary campuses.
hydro system costs

B.C. affirms uneven split of hydro system costs

It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.
EllisDon Canada Pavilion

BUILDEX Alberta merges Calgary, Edmonton shows

BUILDEX Calgary and BUILDEX Edmonton are combining to bring together a larger representation of the Alberta building industry.
low-carbon vanguard

Real estate primed for low-carbon vanguard

Canada's Expert Panel on Sustainable Finance suggests there is more untapped opportunity than coordinated action in a market grappling with emerging imperatives for climate-related financial disclosure and integrating ESG measures.
Commercial ratepayers

Few favours for commercial ratepayers in 2018

Tax ratios for 11 of Canada's largest cities demonstrate that commercial ratepayers consistently carry a disproportionate share of the municipal property tax burden.
market drivers

Developers weigh in on market drivers

Collectively, the 400+ C-suite and senior executives see more opportunity than threat in technological advancements, social change and a less economically stratified society.
labour agreement

NDP launches new agreement for public projects

The NDP government has introduced a new labour agreement for major public-sector infrastructure projects to be administered by a new crown corporation.
residential development land

B.C. residential development land takes tax hit

The British Columbia government expects to collect about $520 million in new annual revenue through additional residential property taxes and property transfer taxes.
new trade partners

New trade partners move up Canada’s wish list

CETA isn't expected to suddenly propel a wave of Canadian firms onto short lists for EU projects, but it does open up opportunities to start building relationships with potential customers.
showcase awards

PCL earns top CanBIM Awards for Rocky Ridge

PCL Construction has received two top awards from the Canada BIM Council (CanBIM) for Rocky Ridge Recreation Facility in Calgary.
Ledcor-donates-University-of-Alberta

Ledcor donates $250,000 to University of Alberta

The Ledcor Group of Companies has donated $250,000 to the University of Alberta’s new David and Joan Lynch School of Engineering Safety and Risk Management
funding-for-UBC-life-sciences-facility

Funding announced for UBC life sciences facility

The B.C. provincial government has announced funding of $19.95 million for UBC to upgrade and expand the aging Biolgoical Sciences Complex used by life sciences students.
Overbuilding

Housing market modestly overvalued: CMHC

Apart from modest overvaluation — and a cautionary note about overbuilding in Montreal and Toronto — Canada’s housing markets largely align with underlying demographic and
kitslano_secondary_school

VSB awards design-build contract

The Vancouver School Board has awarded a fixed-price contract to Bouygues Building Canada to design and build the Kitsilano Secondary School Renewal (KSSR) project.