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News and information from and for Ontario’s construction industry
The Link2Build group publishes news and information about the Ontario construction industry daily. Check here for the latest in trends, developments and insight from a wide variety of contributors, and visit regularly for updated information.
CMHC says annual pace of housing starts in June down 9% from May
The housing agency said the seasonally adjusted annual rate of housing starts in June amounted to 241,672 units, down from 264,929 in May.
Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCan
The agency said gasoline prices rose 0.4 per cent in June following a 5.6 per cent jump in May. Excluding gasoline, the consumer price index rose 2.8 per cent in June.
Five London projects receive $24.5M
The projects will add more routes for cyclists and pedestrians, adapt streetscapes to make sharing them easier, and build more infrastructure.
Business, consumer sentiment subdued in Q2, Bank of Canada surveys find
The bank's survey of executives found corporate leaders remained more pessimistic than average and their investment spending plans are below average.
Hamilton steel maker Stelco Holdings sold to Cleveland-Cliffs for $3.4 billion
As part of the agreement, Stelco’s headquarters will stay in Hamilton and the company will maintain "significant employment levels" in Canada and include Canadians in its management team.
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