A survey of small and medium-sized enterprises by KPMG found 92 percent are confident they have the right strategies to overcome short-term hurdles and grow their company in the next three years.

The latest P3 Market Update document from Infrastructure Ontario was light on project news, with only four projects changing status. It did, however, introduce a new P3 procurement model that the government intends to use on complex projects.

The drop of 2 percent is the fourth in a row since values reached $19.7 billion in April. The housing sector in particular has shed more than 14 percent of its value since the spring.

The auto giant’s 562,000-square foot distribution centre is the second now under construction in Ontario. Ford aims to use both to speed up deliveries to dealers across the province.

Under agreement, Vantage's current owner, Golden Gate Capital, will keep a significant minority stake in the company.