Market Watch
Ontario ponders graduate studies at colleges
The Ontario government is considering taking applied technical studies to another level by offering master's degree programs through the provincial community college system.
Indigenous groups form procurement organization
Five national Indigenous economic organizations have created the First Nations Procurement Organization, first of its kind.
Clean energy projects serve mix of purposes
Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
Dewalt celebrates 100th anniversary
Dewalt is celebrating its 100th anniversary of powering the pros. Founded in 1924 by Raymond DeWalt, the company is a leading brand.
Building electrification projects impart lessons
The business case for electrification works best when retrofits are synced with the end-of-life of existing mechanical equipment and/or asset repositioning plans
New council formed to combat labour crisis
A new Skilled Trades Advisory Council (STAC) has been formed to combat the crisis facing skilled labour in the U.S. and Canada.
New $1 coin features first female engineer
The Royal Canadian Mint has issued a new $1 coin honouring Elsie MacGill, the country’s first woman professional engineer.
Global energy appetite eats up efficiency gains
The global buildings sector made some headway in curbing its energy appetite and output of greenhouse gas emissions last year, but is still off-pace to achieve the International Energy Agency's targets.
ASHB now carries banner for smart connectivity
The Continental Automated Buildings Association will now be known as the Association for Smarter Homes and Buildings (ASHB), with a continued mandate to promote technologies for connectivity and efficient operations.
Smart lighting market poised for bright future
The global market for smart lighting is projected to reach USD $45 billion in sales by 2028, representing a compound annual growth rate of more than 20 per cent over the next five years.
Mercer to acquire Structurlam for $81M
Mercer International in Vancouver is acquiring all the assets of Structurlam and its subsidiaries for $81.1 million.
Global accelerator to advance B.C. cleantech firm
Kelowna-based company chosen for the 2023 cohort of the Imagine H2O accelerator program, gaining access to a worldwide network of business development advisors and potential investors.
Ontario requiring clean and safe washrooms
Ontario is making washrooms on construction sites private, clean and safe, while also requiring women’s-only washrooms.
Flattening commodity prices expected in 2023
According to global construction consultancy firm, Linesight. commodity prices are expected to flatten in 2023.
Economics of stadium and arena projects worsen
Development proponents will likely be asked to contribute more equity and will encounter higher debt servicing costs than has been the case for comparable projects in the past.
U.S. prepares to prohibit non-compete clauses
The U.S. Federal Trade Commission has filed notice that it intends to decree employer-imposed, non-compete conditions are unfair competition.
Denver’s tallest mass timber project breaks ground in 2023
Designed by Tres Birds, Denver’s tallest mass timber building will break ground in 2023. The 12-storey building is named “Return to Form.”