Labour shortages in the residential construction sector are contributing to the rising cost of housing and increasing insurance claims costs.

The plumbing division saw the largest increase in costs, followed by HVAC and structural steel framing, according to StatCan.

The U.S. has finalized an increase in anti-dumping duties on Canadian softwood lumber, raising the rate to 20.56 per cent.

The U.S. decision to put 25 per cent tariffs on construction materials is expected to have significant impacts on the construction industry.

The B.C. government has issued a request for qualifications (RFQ) to build the new Yurkovich Family Pavilion at Richmond Hospital.

As multi-residential buildings grapple with rising construction costs, condo managers in Ontario are experiencing the impacts up close.

Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.

An acute labour shortage, supply chain challenges, price increases and mental health are all top issues for the B.C. construction sector.

Multi-residential construction costs are rising in Canada due to the pandemic’s impact on everything from labour and material costs to shifting supply and demand dynamics.

We spoke with Jeremy Wedgbury of First National to discuss current industry challenges of construction lending and potential financial solutions.