The Vancouver Island Construction Association (VICA) has released their Q2 report on construction activity on Vancouver Island.
Construction activity on Vancouver Island continues at a rapid pace and is forecast to accelerate through to the end of 2018.
Construction activity on Vancouver Island remained robust during the fourth quarter of 2017 pushing overall levels up by 23 per cent to a record high.
Although Ontario faces a $16 billion construction economy related to industrial, commercial and institutional (ICI) developments, the recently released Ontario Construction Secretariat’s (OCS) annual Construction
Canadian Apartment Magazine
According to the Canada Mortgage and Housing Corporation (CMHC), an increase in Ontario housing starts in the multi-family sector over the last several months can be attributed to low vacancy rates, growing prices in the detached housing market and increasing urban intensification.