Market Watch
Lucrative tax credits pledged for heat pumps
Canada’s fall economic statement pledges $6.7 billion over five years to support uptake of a range of clean technologies, including solar heating, air-source and ground-source heat pumps and energy storage.
Venture capital offered for smart water tech
Canadian start-ups are invited to take up the global water challenge, a competition to gain access to up to €3 million (CAD $4 million) in venture capital for smart water technologies.
Washington first state to require building electrification
Washington State has become the first U.S. state to incorporate building electrification mandates into statewide energy codes.
Construction job vacancies hit record high
Construction job openings hit an unprecedented high in March with 81,900 vacancies, according to Statistics Canada.
Business case assumptions evolve alongside ESG
Investors and lenders are expected to increasingly focus on the physical and transitional risks of climate change, in turn upending some conventional views of costs and value.
New app connects builders to materials
TOOLBX, a platform that digitizes and expedites the construction material procurement and delivery process, has launched in Vancouver.
Canada is fifth best country for construction workers
Canada ranks fifth in the world as the best country for construction workers to live and work, according to a study by Work Wear Guru.
Rize Alliance introduces new rental property division
Rize Alliance has unveiled Comma Properties, a new division focused on building better rental communities across the Lower Mainland and LA.
NAIOP report explores emerging construction tech
A recent report by the NAIOP Research Foundation explores emerging construction technologies and their implications.
Construction tech firm Katerra files for bankruptcy
Katerra has voluntarily filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court.
Community buildings targeted for retrofit funds
Two distinct, but complementary new federal programs promise funds for community buildings. Both are focused on meeting GHG reduction targets and are aligned with a pledge to invest $15 billion to address climate change and boost the green economy.
Pomerleau creates innovation lab for construction
Pomerleau is partnering with Factry, a Canadian training centre specializing in developing creative skills, to form the Pomerleau aXLab.
Canada construction industry to rebound in 2021
Construction across Canada is expected to rebound in 2021 in the wake of the COVID-19 pandemic and rise through the coming decade.
PCL introduces Job Site Resourcing
PCL Construction has introduced Job Site Resourcing, a mobile construction logistics management solution to manage and track resources.
Multifamily assets surpass 2020 index average
Newly released 2020 investment results find industrial and multifamily assets on the positive side of the national average total return for 2,356 directly held standing assets, which registered -4.1 per cent.
Vacant dwellings yield revenue gains for B.C.
Resident British Columbians own about 30 per cent of the properties subject to the speculation and vacancy tax, but account for just 6.6 per cent of collected revenue.
2021 video surveillance and security trends
Eagle Eye Networks has identified the trends that will have the biggest impact on video surveillance, security in 2021.